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 today, 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
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