70 percent of the India's crude import is now coming
NATIONAL: Joint Secretary for the Ministry of Petroleum and Natural Gas Sujata Sharma has said that India’s crude supply is secure and about 70 percent of the country’s crude import is now coming from outside the Strait of Hormuz.
Addressing Inter-Ministerial briefing on recent developments in West Asia in New Delhi Wednesday, She said that the volume of crude oil secured by government exceeds what normally would have arrived through Strait of Hormuz. She added that the country today imports crude oil from 40 countries and oil marketing companies have secured various crude cargos through different sources.
The Joint Secretary said that country’s gas companies have procured LNG cargoes from new sources. Two LNG cargoes are on their way to India.
Spokesperson of the External Affairs Ministry Randhir Jaiswal said that the government remains committed to the welfare of Indian nationals who reside in GCC and West Asian countries. He added that all Indian Missions are in regular touch with the community members. Jaiswal also informed that two Indian nationals have died and one person is missing while they were on merchant vessels which came under attack. He added that a few Indians who have suffered injuries in the GCC region are being treated and the consulate is in touch with them.
Rajesh Kumar Sinha, Special Secretary in Ministry of Ports, Shipping and Waterways said that presently 28 Indian flag vessels, having 778 Indian Seafarers are operating in Persian Gulf. He said that government is actively monitoring all these vessels and crew for their safety and security.
Authorities, Ship Managers and Recruitment Agencies are closely coordinating with Indian embassies and local authorities to ensure safety and render medical assistance to them. He added that overall port operations across India remain stable. Sinha said that ports have been directed to extend all necessary assistance to minimise hardships faced by exporters and ensure continuity of exim trade.