Fuel supplies have been restored in the Jammu region and efforts are on to move stocks into Srinagar.
"Some of the oil installations are under water... Road movement is hampered due to floods. But we are trying to reach fuel to the people of Kashmir through alternative routes," he said at an Indian Oil Corp (IOC) function here.
Stating that the situation in Srinagar is "challenging", he said 350 truck with petrol, diesel, cooking gas (LPG) and kerosene are lined up on roads leading to the valley and will move in immediately once the roads become motorable.
"We are ready but we are not able to reach (the valley). We have enough stocks but the problem is roads," he said.
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He said relief and rescue operations are being monitored on a daily basis in the Prime Minister's Office (PMO) and the Central government will do everything possible to help people of Jammu and Kashmir.
"Yesterday after the Cabinet meeting Prime Minister Narendra Modi called a review meeting to take stock of the situation in J&K," he said.
Pradhan said 50 trucks carrying fuel have already been positioned on the Srinagar-Jammu highway and will move in as soon as road traffic is restored.