Govt says all refineries working at full capacity and have adequate inventory of crude

 

The government has said that all refineries are working at 100 per cent capacity and refineries have an adequate inventory of crude. During the Inter-Ministerial briefing on recent developments in West Asia, Joint Secretary, Ministry of Petroleum and Natural Gas, Sujata Sharma, informed that domestic PNG and CNG for vehicles are being ensured with no cuts. She also said that there are 1.5 crore consumers of PNG and supply is being ensured for all.

On LPG, the Joint Secretary said this is a matter of concern but there is no dry out in any of the 25,000 distributors. She said 50 lakh cylinders are being delivered every day. Ms Sharma urged people to not believe in rumours and indulge in panic buying. She said action is being taken on black marketing and hoarding. She also said that domestic production of LPG has increased by 30 percent. Meanwhile, India has highlighted to Iran the importance of unhindered transit of energy and goods amid the current situation in West Asia.

External Affairs Ministry spokesperson Randhir Jaiswal said Prime Minister Narendra Modi spoke to Iranian President Dr. Masoud Pezeshkian on Thursday and stressed on New Delhi’s priority regarding the safety and well-being of Indian nationals in the region, including in Iran. Overall, port operations across India remain stable. A Standard Operating Procedure has been issued for all Major Ports and State Maritime Boards to proactively facilitate shipping lines and exporters through stakeholder coordination and time-bound grievance redressal.