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The Hindu: Latest News today from India and the World, Breaking news, Top Headlines and Trending News Videos.

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Oil minister Hardeep Puri dispels any fuel supply concern...
2026-05-12 · via The Hindu: Latest News today from India and the World, Breaking news, Top Headlines and Trending News Videos.
Hardeep Singh Puri, Minister of Petroleum and Natural Gas. File picture

Hardeep Singh Puri, Minister of Petroleum and Natural Gas. File picture | Photo Credit: The Hindu

Oil Minister Hardeep Singh Puri on Tuesday (May 12, 2026) assured that there is no fuel supply issue and said the government has ramped up LPG production from 35,000-36,000 tonnes/day to 54,000 tonnes amid the West Asia conflict.

Speaking at the CII Annual Business Summit, Mr. Puri said there is no LPG supply issue, and the country has 69 days of crude oil, LNG stock and 45 days of LPG stock.

"LPG production has been ramped up from 35,000-36,000 tonnes/day to 54,000 tonnes amid West Asia conflict," he said.

The Oil Minister said PM Narendra Modi's austerity appeal should be taken as a wake up call and urged to start thinking of "measures" to lessen fiscal strain from West Asia conflict.

Also Read | West Asia conflict poses challenges to Indian economy via number of channels: RBI’s Malhotra in MPC minutes 

"PM Narendra Modi's austerity appeal is a wake up call to start thinking of measures to lessen fiscal strain from West Asia conflict," Mr. Puri said at the summit.

Mr. Modi on Sunday (May 10) called for judicious use of fuel, postponement of gold purchases and foreign travel, among other measures, to strengthen the economy.

Addressing a rally organised by the Telangana BJP in Hyderabad, he suggested reducing petrol and diesel consumption, using metro rail services in cities, carpooling, increased use of electric vehicles (EVs), utilising railway services for parcel movement, and working from home to conserve foreign exchange amid the crisis in West Asia.

Stressing the need to conserve foreign exchange amid the crisis, Modi called for postponing gold purchases and foreign travel for one year.

Published - May 12, 2026 12:59 pm IST