Petroleum Ministry: Due to the tension being seen in the Middle East for the past several months, its impact is being seen on many countries as well. Due to this, there has been an increase in the prices of petrol and diesel in India recently. After which there are speculations that soon the prices of LPG and other gas fertilizers may also increase. But in the meantime, the government has also given a latest update regarding this. The government has assured that there is ample storage of gas in the country.

Petroleum Ministry gave update
Looking at the situation in the country, Sujata Sharma, Joint Secretary of the Petroleum Ministry, has recently said that there is no shortage of oil, gas and anything else. During the recent inter-ministerial briefing, Sujata said, ‘It has been more than two and a half months since the West Asia crisis started, and the situation in the Strait of Hormuz is still not normal’.

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He further said, ‘As a result, there has been a huge increase in the prices of crude oil, natural gas and LPG in the international market. Due to all these reasons, our imports of crude oil, LPG and natural gas have also been affected. However, our refineries are operating normally, and we have adequate reserves of crude oil.

Update on availability of fertilizers
During this briefing, the Joint Secretary of DOF Department also informed about the situation of her department. He said, ‘It is informed by the Department of Fertilizers that for this season, i.e. Kharif season, the availability of fertilizers in the states remains more than 51% and about 200.98 LMT fertilizers are available in the entire country. There has been no major change in the MRP of major fertilizers. After the crisis period, domestic production has been quite high, i.e. 86.2 LMT, and imports of more than 22 LMT have reached our shores.

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