New Delhi, April 26 (IANS) More than 51.8 lakh domestic LPG cylinders were delivered on Saturday as the supply of cooking gas continues to be normal with no dry-outs being reported at retail distributorships, according to the update issued by the Ministry of Petroleum and Natural Gas on Sunday.Besides, 5.45 lakh PNG connections have been gasified, and infrastructure has been created for an additional 2.62 lakh connections since March this year. More than 42,500 PNG consumers have also surrendere…
Latest Public Sector Oil Marketing Companies News & Updates
New Delhi, April 1 (IANS) India’s crude inventory is adequate, and all necessary arrangements have been made to ensure sufficient crude supply for the next two months, the government said on Wednesday.Petroleum and Natural Gas Ministry’s Joint Secretary, Marketing and Refinery, Sujata Sharma, said all refineries are operating at optimal capacity, and no instances of fuel shortages have been reported at retail outlets.”I would also like to highlight that about two months ago, Brent crude was trad…
New Delhi, April 1 (IANS) The Ministry of Petroleum and Natural Gas clarified on Wednesday that only the price of commercial LPG have been increased in the country, while that of domestic LPG has been left unchanged to protect households from the sharp rise in the cost at which the cooking gas is being imported amid disruptions due to the Iran war.“Prices of commercial LPG cylinders, used by industries and hotels, are deregulated, market determined and revised normally on a monthly basis. Thei…
New Delhi, April 1 (IANS) The government on Wednesday said that domestic airfares are unlikely to see a sharp rise as it has cushioned the impact of a steep surge in aviation turbine fuel (ATF) prices by allowing only a partial increase for domestic airlines.According to the Ministry of Petroleum and Natural Gas (MoPNG), ATF prices in India — deregulated since 2001 — are revised monthly based on international benchmarks. Given the current geopolitical situation, ATF prices for domestic markets…