- India holds 60 days of crude oil reserves and LNG supply, says Petroleum Minister Puri
- LPG stock in India currently covers 45 days, according to the Union Minister
- Oil marketing companies face daily losses of nearly Rs 1,000 crore amid supply disruptions
Amid the ongoing supply disruptions due to Middle East tensions, Petroleum Minister Hardeep Singh Puri on Tuesday said that India has 60 days of crude oil reserves, LNG supply and 45 days of LPG stock.
Speaking at CII Annual Business Summit 2026, the Union Minister mentioned that oil marketing companies are losing nearly Rs 1,000 crore every day, with quarterly losses estimated at around Rs 1 lakh crore.
Meanwhile, LPG production has been ramped up from 35,000-36,000 tonnes/day to 54,000 tonnes, Puri noted.
(This is a developing story)
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