Union Minister for Petroleum and Natural Gas Hardeep Singh Puri has asserted that India’s energy supply chain remains fully stable despite global uncertainty, stressing that there are no shortages of crude oil, LNG, or LPG in the country. He underlined that the government had turned earlier challenges into structural gains in domestic capacity, stating that “We have no supply-side problems. Today, the country has more than enough stocks of crude oil, LNG and LPG,” while pointing out that production has been significantly scaled up from earlier levels. He said, “When this crisis began, there were some concerns, but we converted the challenge into an opportunity. We have ramped up our domestic production of LPG, which used to be 36,000 metric tons per day. We have now taken it up to 54,000 metric tons per day,” adding that distribution remains smooth with no visible shortages across regions.

Puri further emphasized that price stability has been maintained over the last few years despite global volatility, noting that “In the last four years, there has been no increase in prices,” and contrasted India’s situation with other countries facing steep energy inflation. Referring to geopolitical risks such as disruptions around key maritime routes, he said uncertainty may persist but India is well prepared, adding, “We don’t know how long the blockades or counter-blockades in the Strait of Hormuz will continue,” but insisted that the country is in a far stronger position than many global economies that have seen severe supply disruptions and sharp price hikes.

Highlighting continuous monitoring of the sector, he said he reviews the situation daily with oil company leadership, remarking that “I review the situation every day, along with the CMDs of the oil sector for an hour or an hour and a half. There is absolutely no cause for anxiety.” He acknowledged financial pressure on oil companies while noting demand fluctuations in LPG, stating that “Some demand for LPG has come down. It used to be 90,000 metric tons. It has come down to 75,” attributing part of the change to seasonal temperature effects. Concluding his remarks, he reiterated confidence in India’s energy management approach and said the Prime Minister’s outlook was forward-looking, urging attention to long-term planning rather than panic-driven narratives, adding, “Please listen to what the Prime Minister said, and it's a very visionary statement.”