India Bolsters Oil and Gas Reserves Amid Global Tensions

India's proven Estimated Ultimate Recovery stands at over 1,900 million metric tonnes (MMT) of crude oil and more than 1,800 billion cubic meters (BCM) of natural gas, the government announced.

In a response to the Rajya Sabha today, Minister of State for Petroleum and Natural Gas Suresh Gopi detailed current proven reserves at 423.1 MMT for crude oil and 595.4 BCM for natural gas. To counter supply disruption risks and ensure steady energy flows amid geopolitical challenges, the government is diversifying crude oil import sources, routing shipments away from conflict areas, and deepening diplomatic ties with key oil producers and groups like the International Energy Agency (IEA), OPEC, and the International Energy Forum (IEF).