India has sufficient crude oil inventories and is taking proactive steps to secure additional supplies amid the truce between the United States and Iran, the government said in a press briefing on Thursday.
The country's current crude stock position provides a cushion for uninterrupted fuel production, said Sujata Sharma, the joint secretary in the Ministry of Petroleum and Natural Gas.
“On the supply side, crude inventories are currently adequate, providing additional assurance of uninterrupted fuel production,” she said.
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The official, however, flagged pressure on LPG supplies due to the prevailing geopolitical situation, noting India's dependence on imports.
“As you are aware, LPG supply has been affected due to the present geopolitical situation, and nearly 60% of the country's LPG requirement is met through imports. In view of this, domestic consumers have been prioritised, and 100% supply for household use has been ensured,” she said.
The government has ramped up distribution to prevent shortages at the consumer level. According to Sharma, around 10 lakh 5-kg LPG cylinders have been sold since March 23, reflecting steady demand, especially from households and small commercial users.
“No dry-out has been reported at any LPG distributor. Yesterday alone, more than 51 lakh households received LPG cylinder deliveries,” she added.
On service efficiency, Sharma said digital adoption in LPG booking and delivery remains high. “Our online booking has reached 98%, and OTP-based LPG delivery stands at 92%,” she said.
Officials said LPG distribution networks across the country are fully operational and continue to respond efficiently to demand.
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