
Jodhpur, March 14: Union Minister Gajendra Singh Shekhawat has addressed concerns regarding the shortage of petroleum products in the country. He confidently stated, “I can assure you that there is no crisis of petroleum products in India.” He attributed the challenges faced by nations to ongoing conflicts in the Middle East. In comparison to neighboring countries, he noted that Pakistan is experiencing emergency-like conditions, while Bangladesh has declared a holiday.
Shekhawat mentioned that prices of petroleum products have risen by 15 to 25 percent from January to March. In the United States, prices have surged by 22 percent. However, he emphasized that there has been no increase in prices in India, nor is there any shortage. Most of India’s crude oil is imported, and while supply has been slightly affected due to sanctions on Iran, the government is successfully importing crude oil from 40 other countries.
Regarding LPG supply, he acknowledged some disruptions but assured that the government has prioritized domestic consumers to ensure adequate supply. “There is currently no shortage of LPG cylinders anywhere,” he stated, adding that strict action should be taken against black marketeers.
In light of the ongoing conflict between the U.S.-Israel and Iran, there is good news for India: an LPG tanker, Shivalk, has safely navigated the Strait of Hormuz. This vessel has the capacity to carry over 50,000 tons of LPG, making its safe passage crucial for India.
While there is no LPG shortage in India, the global situation has led to public anxiety, prompting many to book cylinders. On Friday, Sujata Sharma, Joint Secretary of the Ministry of Petroleum and Natural Gas, noted that misinformation has caused panic buying and hoarding. The average delivery cycle for domestic LPG is approximately two and a half days, and a Delivery Authentication Code (DAC) system has been implemented to prevent diversion.




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