00:00First and foremost, there is no shortage of energy per se, if you look at fossil fuel and fossil fuel
00:08is important because that is what goes into a refinery and from the refinery you produce diesel, you produce motor
00:18spirit, you produce LBG, total amount of crude oil availability per day I think is about 104 million
00:29standards available per day, the world is only utilizing 94 so there is enough availability, now if there is crude
00:37availability as Munishi put it very well, issue is the supply needs, now I was a student of history in
00:46the university, I am still a student of history where I try to learn how is it shaped, and invariably
00:55the question asked for
00:57what will happen if the state of hormones closes, why was this a lightly anticipated question when you go to
01:07an examination hall, I know you are, all of you like me not, that kind of examination you don't know,
01:12this is an expected question, why, because if the state of hormones closes, 40% of the global energy supply,
01:20this will be traditionally correct, will get choked,
01:24you can argue why, you can argue, 40% of the public sectors, what are the problem with LBG, very
01:34simple, three of our major suppliers are in the state of Hormuz, the Qataris, the Emiratis, UAE and the Southeast
01:44If a team are actively involved in the conflict zone, then you have to worry.
01:50But how did we manage it?
01:53Our domestic production team was about 34,000 metric tons a day.
01:57We ramped it up to 54,000.
02:01Overall consumption went down because you shifted to LNG and to induction stores etc.
02:09No problem.
02:10But if you want to create a false narrative, it still went down.
02:13They attacked my house in Delhi and for the first time I had police outside, you know, extra security.
02:21When I went to parliament to a LPG cylinder, they hired.
02:24We shorted LNG.
02:26We managed.
02:27But they wanted to create a shortage.
02:29Because if we had created a shortage, then some of these guys were...
02:33I don't have to say.
02:34But today the situation is, when you were saying nice things to me that you managed it.
02:39Yes, I want to be careful with my choice over.
02:42So far we have navigated that uncertainty.
02:45In fact, I would say we have insulated ourselves from the terminal.
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