New Delhi, May 27 (IANS) Under the direction of the government, the public sector oil companies are currently absorbing losses on the sale of petrol, diesel, and LPG to the tune of Rs 550 crore per day as they have refrained from passing on the full increase in global prices to protect domestic consumers, the Ministry of Petroleum and Natural Gas said on Wednesday.This cushion, which has been put in place due to the disruption caused by the West Asia crisis, is intended for the retail consumers:…
Latest Industrial consumers News & Updates
New Delhi, May 22 (IANS) Pakistan’s gas sector has gone into a structural decline, which, in turn, is damaging industrial competitiveness, discouraging exploration investment, increasing LNG dependence and weakening Pakistan’s long-term energy security, according to an article in the local media.Policymakers have been treating the gas crisis as a supply shortage problem, but the rot runs deeper, as it is the structure of the gas market itself that no longer works, the article in Karachi’s Bu…
New Delhi, April 2 (IANS) More than 55,000 PNG connections have been gasified across 110 geographical areas in the last five days, the government said on Thursday, adding that over 4.3 lakh 5 kg FTL cylinders have been sold since March 23.An additional 10 per cent allocation of commercial LPG has been offered to states/UTs, linked to the transition from LPG to PNG, with further allocations being recommended for reform-oriented states.”At present, eight states/UTs are being provided with this add…
New Delhi, March 31 (IANS) More than 3.1 lakh PNG connections covering domestic, commercial, hostel, and canteen segments have been gasified in March, while another 2.7 lakh new connections have been given and are being gasified to make more natural gas available for cooking amid disruptions in LPG imports due to the Iran war, the Petroleum and Natural Gas Ministry announced on Tuesday.More than 50 lakh domestic LPG cylinders are being delivered daily on average since March 1, 2026, and no ‘dryo…