Priyanka@prinstaz
NO ENERGY CRISIS IN 🇮🇳INDIA. BEWARE OF FEAR-MONGERS!
Yes, the Strait of Hormuz has been effectively disrupted at the behest of the American-Iranian-Israeli theatrics, but India faces no economy-wide dearth of energy supply.
Domestic production supplies, aggressive diversification of supply chains implemented over the past years by PM Modi government, ongoing efforts on further import diversification, untapped strategic reserves, and rapid rerouting keeps the energy flowing with domestic demands met comfortably.
1. Crude and Petroleum products overall: comfortable buffer
As of March 12, 2026, combined commercial + strategic reserves at ~74 days; includes ~9.5 days from SPR caverns at ~80% fill proportion.
2. Crude Import diversification: counter balances Hormuz risk exposure
Russia ramp-up, West Africa, US spot cargoes, and other alternatives offset Hormuz disruption. ~70% of energy imports now secured via non-Hormuz routes. India secures energy supply from 40 countries, as opposed to limited 25-27 countries in the pre-Iran/US/Israel war era.
Add recent Trumpian divinity on ‘waivers’, smartly and timely hedged by GOI securing ~30 million barrels of Russian crude. For surplus sufficiency calculations, if ~5.5 million bpd value as consumption rate, this adds ~5.45 days of additional buffer.
More supply secured than otherwise typical Hormuz arrivals.
3. LPG: A relatively tighter spot, but risk exposure managed and contained
Households and emergency consumption prioritised, commercial sector managed (not deprioritised).
Domestic LPG production uptick by ~25-28% with all major refineries at 100% capacity (ECA orders), and some even above. This ~25-28% uplift equates to ~10-12% of total national daily LPG consumption; enough to offset a significant portion of Hormuz-aligned disrupted imports.
To help achieve this maximisation of output, the GOI directed (ECA orders) domestic refineries and petrochemical complexes to channel C3/C4 hydrocarbons streams - propane, butane, propylene, and butene, into the LPG pool instead of other uses, thereby maximising LPG net yields.
Commercial LPG also being regulated to curb hoarding, black marketing, and any other misuse of energy products; their demand being met via diversified sources.
4. Import alternatives
As mentioned above, spot cargoes from US, Russia, West Africa being secured. While longer shipping times, the aforementioned domestic production surge offsets these alternative import durations. Additionally, two LNG cargoes, which are feed for LPG extraction, already en route to India.
Cargoes also being secured from Norway, Algeria, Russia, amongst other countries noted above.
Bottom line: The Government of India’s energy resilience, foresight on global risks and import supply chain diversification, prompt measures on current macro risk mitigation, have ensured uninterrupted supply of energy for the world’s largest demography of 1.4 billion populace, while also ensuring market stability against significant macro risk factors and shocks.
Despite global shocks, India remains the only country growing at the fastest pace outshining all ‘advanced economies’ combined.
Finally, those foreign and Indian outlets busy publishing hit-job articles on GOI, should instead take lessons on risk management and energy security resilience from the same PM Modi government!
#StraitOfHormuz #IndiaEnergy #HardeepPuri #PMModi
