Folks flock to a gas station in Srinagar, Jammu and Kashmir, on March 26, 2026, amid rumors of gas shortages after the battle in West Asia | Photograph by Imran Nisar
The Indian authorities stated on Thursday (March 26, 2026) that India has about 60 days’ price of gas in inventory, rejecting experiences of shortages as a “deliberate misinformation marketing campaign” aimed toward scary panic shopping for, and including that there isn’t a scarcity of both petrol, diesel or LPG.
The Ministry of Petroleum and Pure Gasoline stated all petrol pumps throughout the nation had enough shares and had been working usually with no petrol or diesel rationing.
India, the world’s fourth largest refiner and fifth largest exporter of petroleum merchandise, has structurally ensured home gas availability and continues to provide refined gas to over 150 international locations, the ministry stated in a press release.
“All of India’s refineries (which convert crude oil into fuels comparable to gasoline and diesel) are working at greater than 100% capability,” the paper stated.
“Crude oil provides for the following 60 days are already tied up by Indian oil firms. There is no such thing as a provide hole.” The report stated India has 74 days of mixed crude oil and gas storage capability.
“Regardless of being 27 days into the Center East disaster, precise stock protection is at the moment roughly 60 days’ price (together with crude oil shares, product shares, and strategic devoted storage in caves),” the report stated.
“No matter what occurs globally, nearly two months’ price of secure provides will probably be offered to all Indians.” With crude oil procurement for the following two months already secured, India is totally safe for the following few months, and in such a provide scenario, strategic cavern reserves will take a backseat, the ministry stated.
“Any illustration that India’s reserves are depleted or poor ought to be dismissed with due contempt,” the ministry stated.
It added that crude oil provides stay secure regardless of tensions across the Strait of Hormuz, and disruptions will probably be offset by elevated provides from different sources. India’s refiners are working above full capability and crude oil provides for the following 60 days have already been secured.
The ministry stated India at the moment has gas shares protecting round 60 days, together with crude oil, refined merchandise and strategic reserves, countering claims that shares are critically low.
LPG provide can be enough as home manufacturing is growing and import demand is lowering, the report stated. Extra shipments have been secured from a number of international locations to make sure secure provide.
The federal government warned that deceptive social media posts and fabricated claims of shortages and emergency measures had been being unfold with the goal of stoking pointless worry, and stated motion could be taken in opposition to these accountable.
