Reliance Industries Ltd is scaling up operations at its Jamnagar, Gujarat refinery to prioritize domestic fuel needs as the escalating Iran war threatens global energy stability.
The billionaire Mukesh Ambani-led company will maximize LPG production and shift natural gas from its KG-D6 block in the Bay of Bengal to “priority areas”, according to an exchange filing on Tuesday (March 10, 2026).
The move follows a government order to protect Indian households from price volatility and supply shortages due to the regional war.
LPG shortage in India?
As global energy markets face increasing uncertainty, New Delhi has redirected fuel supplies away from industrial users to the general consumer. Reliance’s Jamnagar facility—the world’s largest integrated refining center—is at the center of this effort.
“Ensuring uninterrupted access to essential fuels for Indian households remains a national priority,” Reliance said in the statement. “Our teams are working around the clock to optimize refinery operations and increase LPG production.”
Reliance KG-D6 operational
Beyond refining, Reliance is adjusting its upstream output. Natural gas produced from the KG-D6 basin will be diverted to support the government’s allocation priorities, which generally prioritize fertilizer plants, power generation and city gas distribution over commercial industries.
This shift highlights two important trends:
- National Interest on Exports: Reliance, often a major exporter of refined products, is focusing inward to ensure domestic price stability.
- War-induced instability: The Iran war and the resulting surge in crude oil prices have forced a reassessment of India’s energy security, prompting the private sector to align closely with state mandates.
“For Reliance, India’s energy security and the well-being of millions of Indian families always comes first,” the company said. The company said it is in full compliance with the government allocation guidelines.
Reliance Industries shares fell 1.08% on Tuesday ₹Each scrip closed at 1,409.05 on the BSE, while the benchmark S&P BSE Sensex closed 0.82% higher at 78,205.98.