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There is no dearth of petrol, diesel and LPG in the country! India’s Plan-B ready to overcome tensions in the Middle East

By Samira Vishwas

  • No shortage of fuel!
  • India’s energy security strong despite war-torn situation in Gulf countries
  • An appeal not to believe rumours

Due to the increasing military tension in the Middle East, the fear of energy crisis is being expressed at the global level. After news of disruption in gas supply due to Qatar’s declaration of ‘Force Majeure’, there is concern among Indian consumers. however, Govt of India Official sources have clarified that the country’s energy security is completely secure and there is no reason for citizens to panic. The government has started working on ‘Plan-B’ to keep the supply chain intact.

Rumors of limited petrol-diesel sales dismissed

For the past few days, there were rumors on social media that the sale of petrol and diesel will be restricted. Government sources have strongly denied the news. India has sufficient reserves of petrol, diesel and LPG to meet its needs. Interestingly, this stock is being ‘refilled’ daily to ensure that there is no shortage in the future. Therefore, the administration has appealed not to crowd the pumps to store fuel.

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Alternatives to Qatar ready: America and Australia stand by

Globally, Qatar is a major supplier of LNG, meeting 20% ​​of the world’s demand. Of its total gas imports of 195 MMSCMD, India gets 60 MMSCMD of gas from Qatar. Given the possibility of supply disruption from Qatar, India has urgently started looking for alternative markets.

India’s new gas deal:

  • Australia and Canada: These countries have proposed to sell gas to India.
  • US and UAE: India has recently signed new agreements with these countries, averting the risk of gas shortage.

Central Government’s three-pronged strategy for energy security

As the threat of war increases, the central government is reviewing the energy situation twice a day. The government has taken the following steps to ensure smooth supply:

1. Gas supply to priority areas: GAIL will declare ‘force majeure’ to ensure uninterrupted gas supply to priority sectors like fertilizers and power generation.

2. Shipping and Insurance: Due to the impact of war on sea transport, the Government of India has been in constant touch with the US for insurance of ships.

3. Global Partnerships: India is in talks with major oil producing countries, the International Energy Agency (IEA) and OPEC to maintain the flow of crude oil and LPG.

Overall, despite the global volatility, it is now clear that the central government’s planning will not end India’s fuel crisis.

Middle East War : Energy crisis for India! Iranian attack in Qatar disrupts LNG supplies; Prices are likely to double

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