New Delhi, Prime Minister Narendra Modi on Sunday chaired a high-level meeting to review the situation in the petroleum, crude oil, gas, power, and fertiliser sectors, with a focus on ensuring uninterrupted supply and stable distribution amid the evolving crisis in West Asia.<\/p>\n\n\n\n
The meeting focused on maintaining uninterrupted supply, ensuring stable logistics, and streamlining distribution systems across the country to prevent any disruption in essential services.<\/p>\n\n\n\n
Officials briefed the Prime Minister on the current status of fuel availability and steps being taken to safeguard India\u2019s energy security.<\/p>\n\n\n\n
According to sources, the government is closely monitoring global developments and has taken proactive measures to ensure that consumers and industries are not affected by volatility in international markets.<\/p>\n\n\n\n
Efforts are underway to maintain adequate reserves and strengthen supply chains amid rising geopolitical uncertainties.<\/p>\n\n\n\n
The review comes at a time when global energy markets remain on edge due to the ongoing conflict in West Asia, a region that plays a crucial role in global oil and gas supplies.<\/p>\n\n\n\n
Concerns have also been raised over disruptions in key shipping routes, particularly the Strait of Hormuz, which handles a significant share of global energy trade.<\/p>\n\n\n\n
A day earlier, Prime Minister Modi spoke with Iran\u2019s President Masoud Pezeshkian to discuss the regional situation and emphasised the need for peace and stability.<\/p>\n\n\n\n
He also underlined the importance of keeping international shipping lanes open and secure, warning that any disruption could impact global supply chains.<\/p>\n\n\n\n
To reduce dependence on the Middle East, India has diversified its oil and gas imports, increasing purchases from countries such as the United States, Russia, and African nations like Nigeria.<\/p>\n\n\n\n
Officials said that nearly 70 per cent of India\u2019s oil imports now come from sources outside the Gulf region.<\/p>\n\n\n\n
The government has also stepped up efforts to manage LPG supplies, including sourcing liquefied petroleum gas from the US to address potential shortages.<\/p>\n\n\n\n
While concerns over LPG availability persist, officials said there has been no disruption in supply at the consumer level, with online bookings rising significantly.<\/p>\n","protected":false},"excerpt":{"rendered":"
New Delhi, Prime Minister Narendra Modi on Sunday chaired a high-level meeting to review the situation in the petroleum, crude oil, gas, power, and fertiliser sectors, with a focus on […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20,2],"tags":[],"class_list":["post-1997","post","type-post","status-publish","format-standard","hentry","category-display","category-national","has_no_thumb"],"_links":{"self":[{"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/posts\/1997","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/newsaxis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1997"}],"version-history":[{"count":1,"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/posts\/1997\/revisions"}],"predecessor-version":[{"id":1998,"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/posts\/1997\/revisions\/1998"}],"wp:attachment":[{"href":"https:\/\/newsaxis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1997"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsaxis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1997"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsaxis.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1997"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}