Log has written
FRIDAY, MAY 25, 2012

New Delhi: The government on Wednesday categorically stated there was no overall shortage of domestic cooking gas in the country and regular supplies were being maintained.

“Public sector oil marketing companies have reported that at present, there is no overall shortage of LPG in the country,” petroleum minister Murli Deora said in a written reply to a question in the Lok Sabha.

Regular LPG supplies to distributors was being made by the oil marketing companies (OMCs) through indigenous production and imports in accordance with the genuine demand of customers registered with the LPG distributors.

As on 1 June 2009, OMCs are serving 10.67 crore LPG customers through their 9,378 LPG distributorships in the country, covering about 55% of the households.

“OMCs have released 10.07 lakh new LPG connections in the country during April and May,” he said.

Indian Oil, Bharat Petroleum and Hindustan Petroleum supplied 10.63 million tonnes of domestic LPG in the country during 2008-09 against 10.29 million tonnes in the same period of the previous year, showing a growth rate of 3.26%, he said.

“The possibility of blackmarketing/ diversion of subsidized domestic LPG cylinders by some unscrupulous elements cannot be ruled out due to the wide gap between the retail price of LPG for domestic use and the market price for commercial LPG,” Deora said.

To a separate question, minister of state for petroleum and natural gas Jitin Prasada said there was no proposal before the government for introduction of 5-kg commercial LPG cylinders or for banning the use of bigger LPG cylinders of 19 kg, 35 kg and 47.5 kg for commercial purposes.

Tags - Find More Articles On:
READ MORE ARTICLES BY:
blog comments powered by Disqus
Bharti to buy Qualcomm’s India unit
The acquisition will put it in a position to offer high-speed wireless data services in 18 of the 21...
Canada’s Intact, HDI-Gerling lead Reliance General stake race
The deal value could be around Rs 1,500 crore, which would make it among the largest foreign investments...
Management students find new summer jobs in govt
The trend seems more prevalent at the newer (some would say lesser) IIMs than at the older ones, although...
Not yet a soft landing for Jet Airways
On a stand-alone basis, Jet’s total revenue rose 25% in the March quarter to Rs 4,042 crore over...
Rupee rebounds on dollar sales, revived sentiment
The central bank is not ruling out the sale of dollars to oil companies directly, says governor