The Ministry of Petroleum and Natural Gas has promised adequate supplies of crude oil for Indian refineries.
“The Government has put in place a robust plan to ensure that there is adequate supply of crude oil to oil refineries from May onwards. There will be additional supplies from other major oil producing countries from different parts of the world,” a statement from the Ministry said. The statement comes in light of the US moving to end the waiver given to India and seven other countries for crude oil imports from Iran.
The refineries are fully prepared to meet the national demand for petrol, diesel and other petroleum products, the Ministry added.
