No need for panic LPG booking, normal 2.5-day delivery cycle continues: Oil Ministry

Описание: The Ministry of Petroleum and Natural Gas has urged consumers not to panic-book LPG cylinders amid the ongoing tensions in West Asia, assuring that supplies remain stable and the normal delivery cycle of around two-and-a-half days is being maintained.

Speaking at a media briefing, Sujata Sharma, Joint Secretary in the ministry, said India's crude oil supplies remain secure due to diversified sourcing and proactive government measures.

She said some panic booking and hoarding behaviour had been observed due to misinformation, but clarified that domestic LPG deliveries are continuing as usual. Consumers have been requested not to rush-book cylinders unnecessarily.

According to the ministry, government steps have also led to a 25 per cent increase in LPG production, strengthening supply. State governments have been asked to take preventive measures to curb hoarding and black marketing of fuel.

India currently consumes around 55 lakh barrels of crude oil per day and imports crude from nearly 40 countries. Officials said procurement has been diversified so that about 70 per cent of crude imports now arrive through routes outside the Strait of Hormuz, compared to about 55 per cent earlier.

The ministry also said two LNG cargoes are currently on their way to India and will arrive within the next few days, further strengthening the country’s energy supply situation.

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