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Energy minister Hardeep Puri denies Russian LNG and lockdown fears, citing large reserves and stable prices
India
Published on 14 May 2026
India says it has never imported Russian LNG
Petroleum and Natural Gas Minister Hardeep Singh Puri has dismissed reports about India rejecting Russian LNG and warned against “lockdown” rumours. Speaking at the CII Annual Business Summit, he said India has not raised fuel prices for four years and currently holds 60 days of crude oil, 60 days of LNG and 45 days of LPG. Responding to Reuters-linked claims, Puri said the country never imported Russian LNG or LPG from Russia, and that opposition-led panic is misleading.
- Puri said India has enough crude oil, LNG and LPG reserves
- He cited 60 days of crude oil stocks and 60 days of LNG
- LPG reserves were pegged at 45 days
- The minister claimed fuel prices have not increased for four years
- India reportedly never imported Russian LNG and never imported LPG from Russia
- Oil firms face pressure from under-recoveries, about Rs 1,000 crore daily
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This summarization was done by Beige for a story published on 
Republic