Rising crude price hits supply at Reliance, Shell, Nayara outlets in Gujarat
时间:2024-06-02 05:48:00 阅读(143)
By Nayan Dave
In the wake of increasing international crude prices, sales at Reliance Industries’ (RIL) over 160 fuel outlets across Gujarat are facing supply problems for petrol and diesel. In fact, some of the pumps have been forced to halt sales temporarily in the state.
Not only RIL’s dealers, more than 1,600 dealers of the other two private companies — Nayara Energy and Shell — have also been facing the problem of irregular supply for the past couple of days, said Arvind Thakker, president of Federation of Gujarat Petroleum Dealers’ Association (FGPDA). According to Thakker, if these two companies decide to stop sales from their retail outlets, the state may see long queues at petrol pumps of government-owned Indian Oil (IOC), Hindustan Petroleum (HPCL) and Bharat Petroleum (BPCL) in the near future.
Of the three-government owned companies, dealers of HPCL and BPCL are also facing a day’s delay in petrol and diesel supply, he added. There are nearly 4,500 petrol pumps of private and government-owned companies in Gujarat. Gujarat consumes nearly 550 million litres of diesel and 250 million litres of petrol per month. The current diesel price in Gujarat is Rs 99.50 per litre, said Thakker, adding, “Petroleum companies can’t afford to sell at this rate as they are incurring losses of Rs 25 per litre for diesel alone.”
Sources in Nayara Energy said that even in the current tough situation, the company is trying to continue supply to all its fuel dealers not only in Gujarat but across the country. As the fastest-growing private fuel station network in India, Nayara Energy has over 6,500 petrol pumps in India and over 1,200 pumps in various stages of commissioning. The company plans to have a network of over 8,200 petrol pumps by 2024, covering national and state highways as well as rural areas.
Mukesh Ambani-led RIL has a countrywide network of nearly 1,400 pumps. Shell has nearly 200 pumps in India.
猜你喜欢
- Banks dominate top 10 by value, RIL stays No
- Axis Bank, Yes Bank and L&T among 156 BSE stocks to hit 52-week highs, 15 fall to 52-week lows
- Share Market Highlights- Nifty settles above 20,850, Sensex near 69,300; Bank Nifty gains more than 500 points
- Share Market Highlights- Nifty closes below 19260, Sensex below 64840; Adani Enterprise, BPCL among the top losers
- Rakesh Jhunjhunwala 62nd birthday today- Rs 5000 investment now worth over Rs 39500 crore in 36 years
- Ram Temple consecration likely to generate Rs 50,000 crore trade in January- CAIT
- Bajaj Finance share price jumps 2% ahead of Q4 results, stellar PAT, NII growth expected
- Share Market Highlights- Nifty closes under 18,600, Sensex under 62,850; Bank Nifty settles at record closing high
- SGX Nifty falls- Nifty & Bank Nifty technical view, DreamFolks IPO, global markets; key things to know