From crude oil to LPG: How much reserves does India have? The government gave a complete answer
New Delhi: The ongoing fierce war in the Middle East and the increasing military conflict between America and Iran have shaken the energy market of the entire world. Amid rumors of stoppage of crude oil supply, the Indian government has given great relief to the countrymen. Senior officials of the Petroleum Ministry have clarified that India has limited supply of crude oil, petrol, diesel and LPG. sufficient stock Is present. Despite global instability, the country’s energy supply is completely secure and there is no need to panic.
Imports from outside Gulf countries also on the rise, government keeping an eye on alternatives
According to government sources, India is no longer dependent only on the Middle East. Oil companies have accelerated the process of importing crude oil from countries outside the Gulf region. The government has assured that if in future the supply through any one route is disrupted due to war, India will immediately make up the shortfall from other alternative sources. The diversification that India has brought in its import policy in the last few years is proving to be a ‘trump ace’ in times of crisis.
Russia becomes India’s ‘troubleshooter’: huge jump of 20% in imports
Statistics are testifying that Russia-India oil partnership is now at a new level. In the year 2022, where Russia’s share in India’s total oil imports will be only 0.2 percent was, whereas in February 2026 it will increase 20 percent Has reached. According to the latest report, India has received approximately 10.4 lakh barrels Crude oil is imported. This alternative source is acting as a strong security shield for India amid the conflict in the Middle East.
News of closure of MRPL refinery is just a rumour.
Social media and in some circles Mangalore Refinery (MRPL) The government has completely rejected the ongoing news regarding its closure. Officials have clarified that the refinery is working at full capacity and there is ample stock of crude oil. Along with this, all the major refineries of the country lpg production Instructions have been given to take it to the maximum level so that there is no shortage of domestic LPG.
‘Emergency’ instructions to refineries: Increase LPG production
In view of the Middle East crisis, the Petroleum Ministry has issued special guidelines for refineries:
Priority to domestic supply: Refineries have been asked to keep LPG production in top gear.
Uses of Propane and Butane: These gases have been asked to be used for making cooking gas on priority basis.
Stock Monitoring: Oil companies have been instructed to review the reserves on a daily basis.
Keeping a close eye on Hormuz and Qatar supplies
government’s eye Strait of Hormuz From where a large part of the world trades oil and gas. Due to the war, the movement of tankers on this route has been affected. Apart from this, the world’s major LNG exporting countries Queue Clouds of uncertainty are also looming over the gas supply. However, India says that the current reserves are capable enough to deal with any immediate crisis.
Comments are closed.