India Secures LPG for 30 Days and Crude for 60 Days Amid West Asia Tensions

India has moved to address concerns over fuel availability amid escalating tensions in West Asia. The Ministry of Petroleum and Natural Gas has stated that sufficient supplies of LPG and crude oil have been secured to ensure continuity.

The announcement aims to counter speculation surrounding energy security and stock adequacy. The government has also highlighted increased domestic production and ongoing imports to support supply stability.

Current LPG Supply Position

The government has confirmed that India has secured around 30 days of liquefied petroleum gas (LPG) supplies through imports. Additional procurement is being continuously arranged to maintain supply levels.

Around 800 thousand metric tonnes of LPG cargoes are currently en route from countries including the United States, Russia, and Australia. Authorities have also emphasised that there is no shortage of LPG in the country at present.

Domestic Production and Import Dependence

India has reduced its dependence on LPG imports due to increased domestic production. The government stated that refinery output has risen by 40% following the implementation of the LPG control order.

This has taken daily LPG production to 50 thousand metric tonnes, accounting for over 60% of domestic requirements. The increase in output has strengthened supply resilience and reduced reliance on external sources.

Crude Oil Stocks and Procurement

On crude oil, Indian companies have secured supplies sufficient for the next 60 days. In addition to this, the country already holds reserves covering another 60 days of consumption.

This marks an increase from the 50 days of total stock reported at the beginning of the West Asia conflict. The government stated that crude procurement for the next 2 months has also been finalised.

Total Fuel Reserve Capacity and Government Assurance

India’s total fuel reserve capacity, including crude oil, petrol, and diesel, currently stands at 74 days. The government has assured that nearly 2 months of steady supply is available irrespective of global developments.

It also noted that strategic cavern storage becomes less critical when supply chains remain stable. Additionally, authorities have warned against misinformation regarding fuel shortages and stated that action will be taken against misleading claims.

Read More: Crude Oil Prices Slip, Set for Weekly Losses Amid Middle East De-escalation Hopes.

Conclusion

The government’s latest update indicates that India has secured both LPG and crude oil supplies for the near term. Increased domestic production and diversified imports have contributed to improved supply stability.

The rise in overall fuel reserves reflects preparedness amid global uncertainties. The statement also underscores efforts to address misinformation and maintain public confidence in energy availability.

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