Indian government confirms 60-day fuel stock, dismisses shortage rumours

Congress workers in Hyderabad hold protest over the reported LPG supply crunch. PIC/PTI

India has about 60 days of fuel stock cover, the government said on Thursday, adding that there is no shortage of petrol, diesel, or LPG as it dismissed reports of shortages as a "deliberate misinformation campaign" aimed at triggering panic buying.

The Ministry of Petroleum and Natural Gas said all petrol pumps across the country are adequately stocked and operating normally.

India, the world's fourth-largest refiner and fifth-largest exporter of petroleum products, has structurally assured domestic fuel availability and continues to supply refined fuels to over 150 countries, the ministry said in a statement.

"Refineries are running at 100 per cent utilisation. Crude oil supplies for the next 60 days have already been tied up by Indian oil companies," it said.

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