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New Delhi: Despite the ongoing tension in the Middle East and the closure of the Strait of Hormuz, a big and relief news has come to light regarding India’s energy security. The Petroleum Ministry has clarified that the supply of crude oil and gas in the country is completely safe. India has rapidly changed its strategy and activated alternative routes through which crude oil is reaching Indian ports without any hindrance. According to government data, India’s 70 percent import Now it is happening through other safe routes.
Crude supply: Key figures for India’s ‘energy security’ amid crisis
Sujata Sharma, Joint Secretary in the Ministry of Petroleum and Natural Gas, informed that the country’s daily consumption 5.5 million barrels And there are adequate arrangements to accomplish it.
| Description | current situation |
|---|---|
| alternative route of import | 70% of the crude is now coming through other routes instead of Hormuz. |
| daily oil consumption | 5.5 million barrels (completely safe). |
| LPG import dependence | 60% (90% of which usually came from Hormuz). |
| delivery cycle | for domestic gas only Two and a half (2.5) days. |
3 big ‘masterstroke’ steps of the government
To prevent any possible disruption in the supply chain, the Ministry has taken the following decisions in ’emergency mode’:
Natural Gas Control Order: The government has set the priority. Use of refineries and petrochemical units 35% reduction It has been asked to do so so that domestic cooking gas and essential sectors can get complete supply.
Production Acceleration: Following the order issued on March 8, domestic oil companies have been instructed to increase LPG production to maximum capacity.
New cargo on the way: To further strengthen the current situation, two large cargoes of LNG are already at sea and will reach India soon.
“Don’t be afraid, don’t panic booking”
Sujata Sharma has said in clear words that due to misinformation, some people are booking more cylinders than required or hoarding them. He assured that the delivery cycle of domestic LPG is still only two and a half days, hence there is no need to fill extra cylinders at home.
Will keep a close eye on black marketing
The ministry has given strict instructions to the state governments to ensure that the fuel Hoarding and black marketing Take action at the grassroots level to stop it. If any gas agency or dealer charges more money on the pretext of shortage, then strict legal action will be taken against him.
Overall, India has set its ‘oil diplomacy’ amidst the global geopolitical crisis in such a way that it does not affect the kitchen of the common man. So rest assured, your stove will keep burning!
Would you like to know how to check the current LPG stock in your area and the live status of your gas cylinder booking?
North India Statesman