India has oil for 60 days, LPG for a month: Centre

In a bid to end speculation about India’s energy stocks amidst the escalating tensions in West Asia, the Ministry of Petroleum and Natural Gas (MoPNG) on Thursday (March 26, 2026) said that India has so far arranged a month of liquefied petroleum gas (LPG) supplies through imports, with constant additional procurement ongoing.

A statement said that India has reduced its reliance on imports for LPG, with the country producing “much more” than it needs to import.

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On crude oil, the government said Indian oil companies have secured supplies that would suffice for the next 60 days, while the country already holds stocks enough for 60 days.

Enough stocks and future imports

These 60 days of current stocks, which include crude, diesel and petrol, are an increase over the 50 days of total stocks the government had said it had at the start of the war in West Asia.

Cumulatively, India currently has a total reserve (storage) capacity of 74 days of fuel stocks, including crude oil, petrol, and diesel.

“Nearly two months of steady supply is available for every Indian citizen regardless of what happens globally,” the statement said. “Next two months of crude procurement has also been secured. India is completely secure for the next many months and the quantity in strategic cavern storage becomes secondary in such a supply situation.”

‘Producing more LPG than we need to import’

While emphasising that there is no LPG shortage in the country, the government said that India was now producing more LPG than it needs to import. It said that, since the LPG control order issued earlier, domestic refinery production has been ramped up by 40%. This, it said, has brought the daily output to 50 thousand Metric Tonnes (TMT), which is more than 60% of domestic requirements.

Additionally, with respect to imports, the government said that 800 TMT of LPG cargoes are enroute to India from the United States, Russia, Australia, and other countries.

“Approximately one full month of supply is firmly arranged, with additional procurement being finalised continuously,” it stated.

The government also warned against misleading social media posts and fabricated claims of shortages, and said action will be taken against those responsible.

Earlier in the day, seeking to reassure stakeholders amidst looming concerns over fuel supplies, Vikas Kaushal, chairman and managing director at state-owned Hindustan Petroleum, stated there has been a sudden surge in demand for petrol and diesel across the country. “Over the past two days, sales have increased by more than 15% on an all-India basis, with certain locations experiencing spikes of over 50% compared to average daily sales,” he wrote on social media, adding, “Our supply chains remain strong, our outlets are fully stocked…”