Government sources have said that the situation of energy stock in the country has improved significantly. On the basis of this confidence, the government has made it clear that there will be no increase in the prices of petrol and diesel. Despite the turmoil in the international market, India has taken several steps to secure its oil supply, due to which the general public does not need to panic.
What did the government say on petrol-diesel and LPG?
Government sources have rejected the allegations of Congress in which it criticized the increase in LPG prices. Sources clarified that the assurance of keeping prices stable was only for petrol and diesel and not for LPG. The government has again assured that the prices of petrol and diesel will not increase.
At the same time, if we look at the research data, recently the price of domestic LPG cylinder has increased by Rs 60 and that of commercial cylinder by Rs 115. The government says that its position on petrol and diesel is completely clear and there will be no change in it.
Changed route for oil import
To avoid any kind of disruption in supply, India has increased the import of oil from routes other than the Strait of Hormuz. This has further increased the government’s confidence regarding energy security.
Crude oil imports from sources other than Hormuz have been increased by 10%. Earlier 60% of oil came from non-Hormuz routes, which has now increased to 70%. India currently has about 8 weeks of oil stock (inventory).
The Petroleum Ministry and oil companies have also clarified that there is no shortage of oil in the country and the distribution network is working normally.
