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Strategic planning helped India avoid fuel crisis during Hormuz conflict: Ex-IOCL chairman

India increased crude imports from outside the Strait from 55 per cent to 70 per cent within weeks, backed by a broader supplier network spanning 41 countries, upgraded refineries capable of processing multiple crude grades, and stronger port and logistics infrastructure, said B. Ashok

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Former Indian Oil Corporation Limited (IOCL) Chairman B. Ashok. Pic/IndianOil

Former Indian Oil Corporation Limited (IOCL) Chairman B. Ashok. Pic/IndianOil

India's ability to quickly diversify crude oil imports and avoid a major fuel crisis during the recent Strait of Hormuz conflict was the outcome of years of strategic infrastructure development and global energy partnerships, not an overnight response, former Indian Oil Corporation Limited (IOCL) Chairman B. Ashok said on Tuesday. 

Speaking to IANS, Ashok said India's ability to diversify crude oil supplies at short notice reflected years of strategic planning that strengthened the country's energy security.

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