Government highlights India’s rare price stability in fuel despite global oil surge, says oil firms absorbed costs while urging citizens to ignore viral misinformation on social media.
Delhi Chief Minister Rekha Gupta on Wednesday assured residents of the national capital that supplies of Liquefied Petroleum Gas (LPG), petrol and diesel in the city remain normal, stable and sufficient despite the prevailing global geopolitical situation.
The government on Saturday expressed serious concern over instances of panic booking of LPG across the country, reassuring the people that no stock-outs of the LPG supply has been reported so far in the wake of the ongoing conflict in West Asia.
Dispelling widespread apprehensions among the masses about the "looming LPG supply crisis" in the country, Rajasthan Chief Minister Bhajanlal Sharma has assured people of a normal supply of gas cylinders in the state.
Sujata Sharma, Joint Secretary in the Ministry of Petroleum and Natural Gas, said India’s current crude procurement volumes exceed the quantity that would normally arrive via the strategically important Strait of Hormuz.
Speaking to media persons, Mohol said, “Priority is being given to ensure cooking gas is available to households. The government has taken steps to ensure this supply. There is no need to worry.”
According to the Ministry of Petroleum and Natural Gas, the government has issued a control order directing refineries and petrochemical units to maximise the production of liquefied petroleum gas (LPG) and divert key hydrocarbon streams to the LPG pool.
