New Delhi, March 28: The Ministry of External Affairs (MEA) announced on Friday that four LPG-laden ships have safely reached India after crossing the Hormuz Strait. The government reassured that it is in contact with relevant countries to ensure the safe passage of its vessels, thereby meeting the nation’s energy requirements.
During a weekly media briefing in New Delhi, MEA spokesperson Randhir Jaiswal emphasized that India’s approach to fulfilling its energy needs is based on securing the requirements of 1.4 billion people, market dynamics, and the global situation.
When asked about the number of ships that have arrived from the Strait of Hormuz, Jaiswal stated, “We have informed you about the Indian ships that have crossed the Strait of Hormuz. We had four ships loaded with LPG, and they have reached India after safely passing through the strait a few days ago. We remain in contact with all relevant countries to ensure the safe movement of our vessels and meet our energy needs.”
The ongoing conflict in West Asia has raised concerns about regional stability and global energy markets, particularly due to the strategic importance of the Hormuz Strait, a major oil transport route.
In response to reports claiming that India sought U.S. approval to import LPG or LNG from Russia, Jaiswal reiterated, “You are well aware of our comprehensive approach to meeting our energy needs. It is based on securing the requirements of our people, market dynamics, and the global situation. Therefore, these three factors are crucial for our decision-making regarding energy sources. As for specific issues, such as which country we are purchasing oil from, I believe it would be better for you to direct your question to the Petroleum Ministry, as they can provide a more accurate response.”
According to the government, the supply situation for petroleum and LPG is under control, with no shortages of petrol, diesel, or LPG anywhere in the country. Retail outlets have adequate stock and are continuously supplying fuel.
The Petroleum Ministry stated that India’s domestic availability is structurally ensured as the world’s fourth-largest refiner and fifth-largest exporter of petroleum products. While other countries have declared national energy emergencies or implemented rationing, India does not face such a necessity.
The government condemned a campaign spreading misinformation on social media. Reports of crowds at petrol pumps were attributed not to actual shortages but to fabricated videos. Oil company depots continued to operate overnight to ensure a steady supply of fuel at the pumps.
Despite the situation in the Strait of Hormuz, India is receiving more crude oil from over 41 global suppliers than before.
According to the Petroleum Ministry, India has a total reserve capacity of 74 days, with actual stock covering approximately 60 days. This includes crude oil stock, product stock, and strategic storage facilities. Crude oil purchases for the next 60 days have already been secured.
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