India has adequate fuel supplies and there is no immediate shortage despite concerns triggered by the disruption of the Strait of Hormuz, Union Petroleum and Natural Gas Minister Hardeep Singh Puri said in the Lok Sabha on Thursday.
Addressing the House, Puri gave a strong assurance on the availability of key fuels across the country.
"There is no shortage of petrol, diesel, kerosene, ATF or fuel oil. The availability of petrol, diesel, aviation and fuel oil is fully assured," he said.
His statement came amid growing worries about global energy supply after the effective closure of the Strait of Hormuz, a critical maritime route for crude oil shipments.
Global crisis and India’s position
Puri noted that the current global situation is unprecedented and could have wide implications for energy markets.
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"The world has not faced a moment of this kind in history... Despite India having no role in the conflict, it has to navigate the consequences..." he said.
The minister also pointed to India’s diplomatic outreach to ensure energy security during the crisis. According to him, India has managed to secure alternative crude supplies despite the disruption.
He credited Prime Minister Narendra Modi’s diplomatic efforts for ensuring that India obtained crude volumes that exceeded what the disrupted Strait could have delivered in the same period.
Steps taken to prevent LPG shortage
Concerns have also surfaced about cooking gas availability, with reports suggesting that several restaurants across the country were facing LPG supply issues.
Responding to these concerns, Puri said the government has taken steps to ensure an uninterrupted supply for households.
"India's crude oil and domestic LPG supply are fully protected.”
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He also stressed that ensuring fuel availability for households remains a top priority for the government.
“It should be noted that India was previously importing approximately 60% of its LPG requirements from Gulf countries such as Qatar, the United Arab Emirates, Saudi Arabia and Kuwait, while 40% is produced domestically. Procurement has now been actively diversified, with cargoes being secured from the United States, Norway, Canada, Algeria and Russia... Hence, in the last five days, LPG production has been increased by 28% through refinery directives, and further procurement is currently underway," Puri said in Lok Sabha.
He added that the government’s focus remains on ensuring that the kitchens of India’s 33 crore families do not face any fuel shortage.