Gas flaring at an oil refinery.
| Photo Credit:
HHakim
The government on Thursday asserted that India’s energy supply is “fully secure and under control,” with two months’ worth of crude oil stocks and an equivalent volume of cargoes already secured for the next two months.
India’s liquefied petroleum gas (LPG) production has been ramped up to a record 50,000 tonnes per day, meeting over 60 per cent of the country’s requirement. This has reduced the net daily import requirement to 30,000 tpd.
“All retail fuel outlets have enough supplies. There is no shortage of petrol, diesel, or LPG anywhere in the country. The Ministry calls upon citizens not to be misled by a deliberately mischievous, coordinated campaign of misinformation that is being carried out to spread unjustified panic,” the Ministry of Petroleum and Natural Gas (MoPNG) said.
Robust stock cover
India has a total reserve capacity of 74 days, with actual stock cover currently at around 60 days — including crude, petroleum products, and strategic cavern storage — even as the West Asia crisis enters its 27th day.
All Indian refineries are operating at over 100 per cent utilisation, MoPNG noted.
“Nearly two months of steady supply is available for every Indian citizen regardless of global developments. The next two months of crude procurement has also been secured. India is completely secure for the coming months, and the quantity in strategic cavern storage becomes secondary in such a supply situation,” the Ministry added.
The Ministry said that under the LPG Control Order, domestic refinery production has been increased by 40 per cent, taking daily output to 50,000 tonnes against a requirement of about 80,000 tonnes.
Cargoes en route
“The net daily import requirement has consequently come down to only 30,000 tonnes. In addition, 800,000 tonnes of assured inbound LPG cargoes are secured and en route from the US, Russia, Australia and other countries, arriving across India’s 22 LPG import terminals,” it said.
Published on March 26, 2026
