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PM Modi says 'doing everything possible' to safeguard India's energy security

PM Modi said that his government's resolve is clear - citizens of India should not face any problems due to wars in different parts of the world. 

Updated on: Mar 12, 2026 10:06 PM IST
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PM Modi said that the government is “doing everything possible” to safeguard India's energy security amid the global fuel crisis triggered by the ongoing conflict in West Asia.

PM Modi said that he has spoken with several world leaders and his government is making continuous efforts to overcome obstacles in energy supply chain. (File Photo/ANI)
PM Modi said that he has spoken with several world leaders and his government is making continuous efforts to overcome obstacles in energy supply chain. (File Photo/ANI)

Addressing the NXT Summit 2026 in Delhi on Thursday, Modi said that his government has worked in a holistic manner to make India “self-reliant” in energy sector which, he said, is resulting in huge savings.

“Before 2014, India had negligible storage capacity for strategic petroleum reserve; now, we have significant reserves,” he said, as quoted by news agency PTI.

He also said that his government's resolve is clear that the citizens of India should not face any problems due to wars in different parts of the world.

Track live updates of Iran-US war here

PM Modi hits out at those ‘ trying to create panic on LPG’

The Prime Minister also addressed the row over LPG supply in India and said that some people are trying to create panic over it in India and “hurting the country".

Shying away from taking any names, PM Modi said, “Some people are trying to create panic on LPG. Without making a political point, I will say they are not only exposing themselves before people but hurting the country.”

"Some people are trying to create panic on LPG. Without making a political point, I will say they are not only exposing themselves before people but hurting the country," Modi said.

Also read: A vow, threat, and resolve: Supreme Leader Mojtaba Khamenei's first message amid US-Iran war

He also warned of action against people taking advantage of the current situation by trying to black-market certain products.

‘Crisis is test for the entire nation’

While talking about the ongoing war between Iran and the United States, Israel, which has triggered a global energy crisis, PM Modi said that such a crisis is a “test for the entire nation”.

Also read: 'Exposing themselves': PM Modi slams Opposition amid LPG shortage 'panic

He said that a nation's development largely depends on how it confronts challenges and sought to mention major crisis the world has witnessed in the last few years.

“We all know that global circumstances can change suddenly. In recent years, we first witnessed the COVID-19 pandemic, then the Russia-Ukraine crisis, and now another major war is unfolding very close to us. This conflict has pushed the entire world into a severe energy crisis. In such difficult times, it becomes crucial how we respond as a country,” Modi said.

"A crisis, in many ways, is a test for the entire nation. With calm and patience, we must deal with these circumstances. By strengthening public trust and raising awareness among people, we must move forward together. In this, everyone has a role to play..." he added.

(With inputs from PTI)

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