India is in a “very comfortable position” regarding crude oil, petroleum products, and LPG supplies, government sources told ANI on Friday, amid concerns over potential disruptions through the Strait of Hormuz.

According to officials, India currently has access to energy supplies from diversified sources that exceed the volumes potentially at risk due to the strategic chokepoint. Existing stocks of crude oil and petroleum products are sufficient to meet domestic demand.

The government is closely monitoring the situation and has plans to ramp up supplies from alternative geographies if needed, sources said. “India has significantly diversified its crude import basket over the past few years,” they added.

Since 2022, India has been increasingly importing crude oil from Russia. While Russia accounted for only 0.2% of India’s total crude imports in 2022, the share has risen sharply in subsequent years. In February 2026, India imported about 20% of its total crude oil requirements from Russia, amounting to roughly 1.04 million barrels per day, officials noted.

Reports of a shutdown at the Mangalore Refinery and Petrochemicals Limited (MRPL) were dismissed by authorities. “MRPL refinery is fully operational and well-stocked with adequate crude supplies,” sources clarified.

On the LPG front, the government has directed refineries to increase production to ensure steady availability nationwide. Officials confirmed that India remains in a comfortable position regarding LPG stocks. Notably, LPG imports from the United States have been underway since January 2026. Indian public sector oil companies signed a one-year contract in November 2025 to import about 2.2 million tonnes per annum (MTPA) of LPG from the US Gulf Coast for the 2026 contract year.

Authorities are also planning to channel petrochemical output toward domestic consumption to ease energy demand pressures, ensuring resilience in the sector, ANI reported.