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Petroleum Ministry says no foreseen need to import petrol or diesel
India's Petroleum Ministry, via Joint Secretary Sujata Sharma, said on April 27, 2026 that the country has sufficient stocks of petrol and diesel and does not foresee an import requirement. She noted that panic buying can cause short-term shortages, but these are addressed as priority. The statement was made during an inter-Ministerial briefing on West Asia.
Why It Matters
The remarks aim to reassure markets and the public about fuel security and domestic supply, signaling energy resilience amid potential market volatility.
Timeline
1 Event
Petroleum Ministry: no import of petrol/diesel foreseen; stocks sufficient
April 27, 2026
At the inter-Ministerial briefing on West Asia on Monday, April 27, 2026, Sujata Sharma, Joint Secretary at the Ministry of Petroleum and Natural Gas, stated that the country has sufficient stocks of petrol and diesel. She noted that panic buying can cause short-term shortages, but such issues are addressed on priority and resolved. She stated that there is no foreseen need to import petrol or diesel.