Business Today
Sujata Sharma, Joint Secretary (Marketing & Oil Refinery) in the Ministry of Petroleum and Natural Gas, has confirmed that India maintains a stable energy supply despite global disruptions. Speaking on the current fuel situation, Sharma stated, "Today, we have sufficient crude inventories," and noted that supplies for the next two months have already been secured. She highlighted that domestic refineries are operating at 100% capacity or more, and domestic LPG production has seen a significant increase of nearly 40%. Addressing import dependencies, Sharma explained that since 90% of LPG imports previously came through the Strait of Hormuz, the government prioritised domestic consumers by temporarily halting commercial supplies. Following a calibrated restoration process, commercial LPG supplies have now been restored to 70%. Sharma reiterated that the situation remains comfortable for both LPG and PNG, with ensured supplies of petrol, diesel, and LNG across the country.
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