(BS)
Indian refineries fully prepared to meet national demand for petroleum products. The Ministry of Petroleum and Natural Gas has issued a statement on the announcement by US to discontinue the Significant Reduction Exemption to all purchases of crude oil from Iran.
The ministry has stated that Government of India has put in place a robust plan to ensure that there is adequate supply of crude oil to Indian oil refineries from May 2019 on wards. There will be additional supplies from other major oil producing countries from different parts of the world. The Indian refineries are fully prepared without any problem to meet the national demand for petrol, diesel and other petroleum products in the country.
