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Sufficient stocks of petroleum products available in J&K: Minister

Images News Network/PTI by Images News Network/PTI
April 1, 2026
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Jammu: Jammu and Kashmir minister Satish Sharma on Tuesday said the Union Territory has sufficient stocks of petroleum products and urged the public to ignore rumours.

“According to the daily stock position reports furnished by oil marketing companies (OMCs), the availability of petrol, diesel and LPG is adequate as of date, with availability of petroleum products,” Sharma, the minister for food, civil supplies and consumer affairs, said, replying to the Calling Attention Notice in the Legislative Assembly.

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The motion was moved by CPI(M) legislator M Y Tarigami who referred to the deteriorating situation in West Asia following the US-Israel attack on Iran and its impact on J&K.

The minister said the department is maintaining regular monitoring of the availability and distribution of LPG and petroleum products across J&K.

“Geopolitical tensions have triggered panic-buying and a spike in petrol, diesel and LPG consumption beyond normal levels. According to the report furnished by the oil marketing companies, stocks are adequate,” he said, urging the public to ignore rumours, as the overall supply remains stable and sufficient despite the temporary surge in demand.

Sharma said the divisional and district-level control rooms are in place and functional.

“The department is conducting regular inspections across the districts to strictly check and prevent any instance of hoarding and black marketing. The government is taking strict action against those found violating norms, imposing fines and penalties for any irregularities found,” he said.

The minister said the department is conducting detailed inspections and raids besides undertaking punitive action including fines and penalties against the hoarders and black marketers, and FIRs have also been lodged.

Since March 17, 3,442 inspections and raids have been conducted and several FIRs have been launched and 252 goods have been seized with 2,443 grievances redressed, he said.

Tarigami called for more steps to meet the emerging situation.

“The entire Gulf region has already come within the ambit of war… and if we think that this situation will remain confined to that region and will not affect us, we are mistaken.

“Even the Prime Minister (Narendra Modi) has warned the people of a COVID-like situation. So this is a more challenging time for all of us, a truly challenging period,” Tarigami said.

He flagged reports from multiple areas that farmers have been advised to discontinue sprays, questioning whether it is appropriate to trigger an alarm when the economy is heavily reliant on horticulture.

 

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