India currently has sufficient crude oil and fuel stocks and is in a “comfortable position” despite concerns over supplies linked to the Strait of Hormuz, ANI reported citing government sources said on Friday, adding that authorities are prepared to take additional steps if required to ensure uninterrupted fuel availability.
According to the report, Indian refiners have enough crude inventories at present and the government is closely monitoring the situation. “Today, we have more energy sources than what is stuck in the Straits of Hormuz. We are in a comfortable position in Crude oil, oil products and LPG. In terms of our current stock, we are in a comfortable position.”
Officials said India is also prepared to diversify supply routes if disruptions occur in the Gulf region. “We are going to ramp up our supplies from other parts of the geographies and make up for our supply crunch from the Straits of Hormuz.”
The government also indicated it would take further measures if needed to maintain fuel availability across the country.
Additionally, Indian refiners have so far purchased only Russian crude that is not under sanctions. India’s imports from Russia have risen sharply since 2022, when purchases were negligible.
“In 2022, we were importing 0.2 per cent of total imports from Russia. In February, we imported 20 per cent of our total crude oil imports from Russia. In February, India imported 1.04 mn barrel per day from Russia,” the source told ANI.
LNG purchase and refinery operations
A government source also said that one state-owned energy company recently bought a spot cargo of liquefied natural gas (LNG), indicating that procurement efforts are continuing to secure additional supplies.
Officials dismissed reports of a shutdown at Mangalore Refinery and Petrochemicals Ltd (MRPL), saying the refinery is operating normally with adequate inventories.
“News of the MRPL refinery shutdown is incorrect. MRPL Refinery is very well stocked, have adequate stock,” the source said.
LPG supply being strengthened
The government has also directed all LPG refineries to increase production to ensure sufficient domestic availability.“All the LPG refineries are directed to increase production of LPG. We are in a comfortable position with our LPG stock. We will use our Petchem for domestic use to ease the consumption demand,” the source said.
India has also been diversifying LPG imports. LPG shipments from the United States began arriving earlier this year after Indian public sector oil companies signed a supply agreement.
According to officials, Indian PSU oil firms in November 2025 signed a one-year contract to import around 2.2 million tonnes per annum (MTPA) of LPG from the US Gulf Coast for the contract year 2026, with deliveries starting in January.
