Petroleum Ministry told, why there was shortage of petrol and diesel at petrol pumps in many states
The government on Wednesday said the pressure on petrol pumps linked to public sector oil companies (PSUs) has increased due to cuts by private companies. Due to this, there has been a crisis of shortage of petrol and diesel at petrol pumps in many states. The oil ministry says that sufficient quantities are being supplied to meet the additional demand.
Petroleum Ministry said, due to increase in demand, the supply of petrol and diesel will be affected
The ministry accepted that due to increase in demand, PSUs are not able to supply, which has increased the woes of the customers. The ministry says that most of the petrol and diesel in Rajasthan, Madhya Pradesh and Karnataka is being sold by petrol pumps of private companies. But private companies have cut oil supplies. In addition, oil terminals and depots in these states are located far away, leading to delay in supply at petrol pumps.
Crisis in these states
Rajasthan, Madhya Pradesh, Haryana, Karnataka, Gujarat, Punjab and Himachal Pradesh.
Government companies are selling at a loss
State-owned oil companies Indian Oil, Hindustan Petroleum and Bharat Petroleum are not increasing the price of petrol and diesel compared to crude oil. These companies are selling petrol at a loss of Rs 14 to 18 per liter and diesel at Rs 20 to 25 per liter. Private companies like Naira Energy, Geo-BP and Shell are not in a position to bear this loss.
Due to these reasons the demand increased
▪️In many states, the demand for diesel increased due to increase in paddy sowing and other agricultural activities.
▪️Due to the high price of diesel in bulk, the burden on petrol pumps increased.
Cut in sales by private companies to avoid losses. No problem at Indian Oil petrol pumps There is no shortage of diesel and petrol at the petrol pumps of Indian Oil. However, there is a supply problem at the petrol pumps attached to Bharat Petroleum and Hindustan Petroleum. Industry people say that there is enough petrol and diesel available in the country as per the demand, but the temporary shortage has increased due to local transport issues. Apart from this, the demand has also increased due to the activities of body elections in many states.
