New Delhi, May 11 (IANS) The government on Monday said that there is no shortage of any petroleum product amid the West Asia crisis, as the country has 60 days stock of crude oil, 60 days of natural gas, and 45 days of LPG rolling stock.India is the world’s third-largest oil refiner and fourth-largest exporter of petroleum products, exporting to over 150 countries and is meeting domestic demand in full, according to the outcomes of the 5th meeting of the Informal Group of Ministers (IGoM) on W…
Latest Informal Group of Ministers News & Updates
New Delhi, April 2 (IANS) Round-the-clock monitoring and calibrated response must for India to stay prepared and deal with any eventuality amid the evolving West Asia crisis, Defence Minister Rajnath Singh said on Thursday.The second meeting of the Informal Group of Ministers (IGoM), set-up to monitor the evolving situation in West Asia and suggest proactive measures for its minimum impact on India, was held under the chairmanship of Rajnath Singh here.The meeting deliberated upon the recent dev…
New Delhi, March 28 (IANS) An Informal Group of Ministers (IGoM), comprising several senior members of the Union Cabinet, convened a meeting on Saturday to assess potential risks to India’s energy security, supply of essential commodities, and the resilience of critical infrastructure in light of the escalating conflict in West Asia.The meeting reflected the government’s growing concern over the ripple effects of regional instability on India’s domestic supply chains and economic stability…