Are petrol and diesel running out? Amidst Iran War, oil companies made this appeal to the people

By Khanderao Deshmukh

Published on:

Middle East Tensions: The global energy crisis is deepening due to increasing tension in the Middle East. However, the Indian government is continuously working on alternative measures to deal with this. Meanwhile, in view of the rumors and panic spreading among the people, the government oil companies have made it clear that there is no shortage of petrol, diesel and LPG in the country.

Indian Oil Corporation (IOC), the country’s largest oil company, has said that all petrol pumps are filled with sufficient fuel and are working completely normally. The company has appealed to the people not to pay attention to the rumors spreading on social media and avoid unnecessary purchases of fuel out of panic. According to the IOC, such rumors not only raise concerns but can also affect the supply system.

Appeal of oil companies

At the same time, Bharat Petroleum Corporation Limited (BPCL) has also termed the news of fuel shortage in some areas as completely baseless. The company says that India is a net exporter of petrol and diesel and it has adequate reserves of crude oil, petrol, diesel and aviation fuel (ATF). The supply chain is also running smoothly.

Hindustan Petroleum Corporation Limited (HPCL) has also assured that there is no shortage of fuel in the country and the supply remains stable. The company has appealed to the customers to maintain normal consumption and not be influenced by rumours.

No shortage of petrol and diesel

However, the war in West Asia has affected global supplies, especially in the case of LNG and LPG. There have been some disruptions in the supply of LNG due to gas facilities of major suppliers like Qatar being affected. In such a situation, priority is being given to domestic consumers and CNG, while the supply for industrial sectors like fertilizers has been limited.

LPG has been most affected by this crisis, because India imports about 60% of its total demand, a large part of which comes from Gulf countries. In the current situation, the government has given priority to domestic LPG and has limited the supply of LPG for commercial use like hotels and restaurants.

Also read: The world is troubled by Iran war, but there is great news for India, China and Pakistan will be shocked to hear this.

Khanderao Deshmukh

Khanderao Deshmukh aims to guide job seekers by delivering accurate, timely, and easy-to-understand information, helping them secure stable government careers.

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