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Date: 2026-05-31 Category: Press Release State: Union Government Country: India

No Need for Panic Buying: PSU OMCs Ensure Continuous Fuel and LPG Availability

Issued by Ministry of Petroleum and Natural Gas · Not Applicable

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Executive Summary & Key Takeaways

**Executive Summary** This report, issued on May 31, 2026, by the Ministry of Petroleum & Natural Gas, addresses the continuous availability of Petrol, Diesel, and LPG despite current geopolitical tensions. It reassures the public that Public Sector Oil Marketing Companies (OMCs) have adequate stocks and are maintaining uninterrupted supplies. Citizens are advised to maintain normal purchasing behavior and avoid panic buying. **Key Points / Main Content** **Supply and Operational Continuity** * PSU OMCs, including IndianOil, BPCL, and HPCL, are ensuring uninterrupted fuel availability through an extensive network of terminals, depots, and retail outlets. * Supply teams, transport networks, and terminal operations are functioning round-the-clock to replenish markets. * The OMCs are working in close coordination with State Governments and local administrations to manage seamless distribution. **Production and Prioritization** * Refinery production has been enhanced to strengthen supply management. * The OMCs have ensured 100 percent supply of Domestic LPG. * Commercial LPG supplies are being prioritized for critical sectors, including hospitals, educational institutions, pharmaceutical units, and agriculture. **Regional Trends (Goa)** * Diesel sales in North and South Goa have increased by over 15 percent at PSU retail outlets. * This growth is attributed to bulk consumers shifting their demand to retail channels rather than normal operational growth. **Regulatory and Enforcement Measures** * The Government of India has directed States and Union Territories to take strict action against hoarding, black marketing, and the unauthorized diversion of petroleum products. * Industry associations have been formally advised to procure diesel only through authorized channels. **Impact Analysis** **Citizens and Consumers** **Impact:** Consumers are assured of the availability of essential fuels but may be influenced by local demand shifts or misinformation. **Action Required:** Maintain normal purchasing behavior, avoid panic buying, and rely exclusively on official communications from OMCs and authorized agencies. **Public Sector Oil Marketing Companies (IndianOil, BPCL, HPCL)** **Impact:** These entities are under increased operational pressure to maintain 24/7 supply chains and enhanced production levels. **Action Required:** Continue close coordination with local administrations and prioritize fuel delivery to essential and critical sectors. **State Governments and Union Territories** **Impact:** Local authorities are responsible for market stability and the prevention of illegal trade practices. **Action Required:** Implement strict enforcement measures against hoarding, black marketing, and unauthorized stocking of petroleum products. **Industry Associations and Bulk Consumers** **Impact:** Changes in procurement patterns (notably in Goa) are affecting retail outlet volumes. **Action Required:** Ensure that all diesel procurement is conducted strictly through authorized channels.

Key Entities Referenced

Ministry of Petroleum & Natural Gas: The central government ministry overseeing the distribution and ensuring the availability of fuel and LPG across India. Public Sector Oil Marketing Companies (OMCs): The collective group including IndianOil, BPCL, and HPCL responsible for maintaining the supply chain and retail network for petrol, diesel, and LPG. Goa: The primary state, specifically North Goa and South Goa districts, highlighted for significant increases in retail diesel sales and prioritized fuel supply management.
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Ministry of Petroleum & Natural Gas No Need for Panic Buying: PSU OMCs Ensure Continuous Fuel and LPG Availability Posted On: 31 MAY 2026 7:02PM by PIB Mumbai Panaji/Goa : 31 May 2026 Despite the ongoing geopolitical situation, Public Sector Oil Marketing Companies (OMCs) IndianOil, BPCL and HPCL continue to ensure uninterrupted availability of Petrol, Diesel and LPG across the country through their extensive network of terminals, depots, pipelines, LPG bottling plants and retail outlets. The OMCs are working closely with State Governments and local administrations to maintain seamless supplies. Supply teams, transport networks, terminal operations and select retail outlets are functioning round the clock to ensure timely replenishment of fuel across markets. The PSU OMCs have ensured 100 percent supply of Domestic LPG and have implemented measures such as enhanced refinery production and prioritisation of critical sectors to strengthen supply management. Commercial LPG supplies are being prioritised for hospitals, educational institutions, pharmaceutical units, agriculture and other essential industries. In Goa, diesel sales through PSU retail outlets have recorded an increase of over 15 percent in both North Goa and South Goa districts compared to normal operational growth. The rise is largely attributed to a shift in demand from bulk consumers to retail channels. The Government of India has requested States and Union Territories to take strict action against hoarding, black marketing, unauthorised stocking and diversion of petroleum products. Industry associations have also been advised to procure diesel only through authorised channels. The PSU oil industry reassures consumers that adequate stocks of Petrol, Diesel and LPG are available and all necessary measures are in place to maintain uninterrupted supplies. Citizens are advised to continue normal purchasing behaviour and avoid panic buying. Consumers are also requested to rely only on official communications issued by authorised agencies and Oil Marketing Companies for accurate information on fuel availability. Source -SLC, Goa/PIB Panaji | Ambadas Yadav/ Priti MalandkarFollow us on social media: @PIBMumbai /PIBMumbai /pibmumbai pibmumbai[at]gmail[dot]com /PIBMu mbai /pibmumbai (Release ID: 2267293) Visitor Counter : 63 Read this release in: Marathi

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