India is considering levies on LPG and natural gas users to fund a $42 billion strategic fuel reserve programme aimed at boosting energy security after Middle East supply disruptions. LPG and natural gas users may face additional chargesUnder the proposal, the government may impose a levy on LPG and natural gas consumers to help finance storage infrastructure. Why India needs bigger fuel reservesIndia is the world's third-largest oil importer and consumer, importing nearly 90 per cent of its crude oil requirements. However, the country does not currently have dedicated strategic reserves for LPG and LNG. Government-controlled reserves cover less than 10 days of demand, while countries such as Japan and South Korea maintain fuel reserves covering more than 100 days.