India is currently in a stable position regarding energy security, according to government sources. Officials said the country has sufficient reserves of crude oil and gas, with supplies being replenished regularly. The government is also in constant communication with several countries and international organisations to ensure that energy supplies remain uninterrupted.
Sources stated that there is no shortage of LPG (liquefied petroleum gas) or LNG (liquefied natural gas) in the country. They added that crude oil continues to be available in the global market, and India is coordinating with multiple suppliers to maintain steady imports.
At present, India imports nearly 195 million metric standard cubic metres per day of natural gas, of which about 60 MMSCMD is sourced from Qatar. However, officials noted that the country is exploring alternative markets to reduce reliance on any single supplier.
Sources also revealed that Australia and Canada have expressed interest in supplying gas to India, and the government is evaluating these options as part of efforts to strengthen its energy supply network. In addition, India has recently signed new energy agreements with the United Arab Emirates and the United States to diversify its supply sources.
Alongside these efforts, India is engaging with key global energy organisations. Officials confirmed that discussions are ongoing with the International Energy Agency and the Organisation of the Petroleum Exporting Countries to closely monitor global energy developments.
Authorities are reviewing the country’s energy situation twice daily to stay prepared for any possible disruption. The government is also in talks with the United States regarding insurance arrangements for ships, which would help ensure the smooth transport of crude oil and LPG.
According to sources, India’s overall energy position remains stable at present, while officials continue to closely monitor the situation.
