Particle.news

India Says Fuel Supplies Are Stable as Ministers Review Risks and Lift Commercial LPG to 70%

Officials are using fiscal relief to shield consumers during the Strait of Hormuz disruption.

Overview

  • The petroleum ministry, which reported Saturday that 5.4 million LPG refills were delivered a day earlier, said petrol and diesel stocks at pumps are adequate and no LPG distributorships have run dry.
  • The Centre cut excise by ₹10 per litre on Friday by slashing petrol duty to ₹3 and scrapping diesel duty, and it also imposed export taxes on diesel and jet fuel to keep domestic availability and prices steady.
  • Commercial LPG allocation has been restored to 70% of pre-crisis levels after household demand was fully met, with domestic piped gas and transport CNG receiving 100% supply and grid-linked industry held near 80%.
  • An informal group of ministers led by Rajnath Singh met Saturday to map medium‑ to long‑term preparedness, while states moved to reduce cylinder dependence by fast‑tracking piped‑gas projects such as Maharashtra’s 24‑hour approvals and Haryana’s steep cut in pipeline lease fees.
  • Officials said long queues in some areas reflect panic buying and rumors, with states stepping up raids against hoarding that have seized thousands of cylinders and prompted warnings to avoid stockpiling.