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The Ministry of Petroleum and Natural Gas on Thursday, March 26, said India’s fuel supply remains “fully secure”, while warning of strict action against those spreading misinformation about shortages.
In a statement, the ministry said there is no shortage of petrol, diesel or LPG anywhere in the country, and urged citizens not to be misled by what it described as a “deliberate and coordinated campaign” aimed at triggering panic.
It added that all fuel retail outlets across the country are operating normally, with no instructions issued for rationing.
The government also sought to counter claims around inadequate reserves, stating that India currently has around 60 days of stock cover, including crude and petroleum products, against a total reserve capacity of 74 days.
It said crude supplies for the next two months have already been secured.
India’s position as the world’s fourth-largest refiner and a major exporter of petroleum products ensures that domestic fuel availability remains structurally stable, the ministry said.
On crude sourcing, the government noted that supplies from over 40 global suppliers have more than compensated for disruptions linked to tensions around the Strait of Hormuz. Indian refineries are currently operating at over 100% capacity, it added.
The ministry also said there is no shortage of LPG, with domestic production ramped up and additional cargoes already secured from countries including the United States, Russia and Australia.
Daily LPG output now meets over 60% of domestic demand, while imports have been arranged to bridge the gap.
Addressing recent instances of panic buying at some fuel stations, the government said these were triggered by misleading social media content and not by any actual supply disruption.
Oil companies have increased supplies and extended credit to dealers to ensure smooth availability.
The ministry clarified that policy measures such as the LPG and natural gas control orders are routine administrative steps and not indicators of any emergency.
Warning against the spread of false information , the government said such actions are punishable under law and it will not hesitate to act against individuals or entities found to be creating panic.
Also Read: Nayara Energy hikes petrol by ₹5, diesel by ₹3; PSU OMCs hold prices steady
In a statement, the ministry said there is no shortage of petrol, diesel or LPG anywhere in the country, and urged citizens not to be misled by what it described as a “deliberate and coordinated campaign” aimed at triggering panic.
It added that all fuel retail outlets across the country are operating normally, with no instructions issued for rationing.
The government also sought to counter claims around inadequate reserves, stating that India currently has around 60 days of stock cover, including crude and petroleum products, against a total reserve capacity of 74 days.
It said crude supplies for the next two months have already been secured.
India’s position as the world’s fourth-largest refiner and a major exporter of petroleum products ensures that domestic fuel availability remains structurally stable, the ministry said.
On crude sourcing, the government noted that supplies from over 40 global suppliers have more than compensated for disruptions linked to tensions around the Strait of Hormuz. Indian refineries are currently operating at over 100% capacity, it added.
The ministry also said there is no shortage of LPG, with domestic production ramped up and additional cargoes already secured from countries including the United States, Russia and Australia.
Daily LPG output now meets over 60% of domestic demand, while imports have been arranged to bridge the gap.
Addressing recent instances of panic buying at some fuel stations, the government said these were triggered by misleading social media content and not by any actual supply disruption.
Oil companies have increased supplies and extended credit to dealers to ensure smooth availability.
The ministry clarified that policy measures such as the LPG and natural gas control orders are routine administrative steps and not indicators of any emergency.
Warning against the spread of false information , the government said such actions are punishable under law and it will not hesitate to act against individuals or entities found to be creating panic.
Also Read: Nayara Energy hikes petrol by ₹5, diesel by ₹3; PSU OMCs hold prices steady
