Ministry of Petroleum & Natural Gas

Production of Petrol and Diesel in the country is more than sufficient to take care of any demand surge

Sufficient supplies of Petrol and Diesel are being made available to cater to the extra demand

Posted On:
15 JUN 2022 5:31PM by PIB Delhi

In the past few days, some areas have reported a big increase in instances of  rush at the PSU Retail Outlets, leading to delays and increased waiting time for customers. This has, in turn, led to speculation of supply constraints by the Public Sector Oil Marketing Companies.

It is a fact that at specific locations in some states, there has been a significant increase in demand for Petrol and Diesel, with an increase being as high as 50% during the first half of June 2022 over corresponding period of last year. In particular, this has been noticed in Rajasthan, Madhya Pradesh and Karnataka. These are States where large quantity of supply was being done by Retail Outlets belonging to Private Marketing Companies and where the distances from Supply locations i.e. Terminals and Depots are longer. 

In general, the increase in demand has been on account of the Seasonal surge in demand due to agricultural activities, Bulk buyers having shifted their purchases to Retail outlets, and a substantial reduction in the sales by Private Marketing companies with their substantial volumes having shifted to PSU ROs. Simultaneously, as a result of a crackdown by the Government on illegal Bio-Diesel sales, these volumes have also been added to the RO Diesel sale. 

The production of Petrol and Diesel in the country is more than sufficient to take care of any demand surge. This unprecedented growth has created some temporary logistics issues at the local level. Oil Companies have geared up to tackle these issues by Increasing the stocks at the Depots and terminals; Extra movement of Tank Trucks and lorries to serve the Retail Outlets; Extended working hours of Depots and Terminals including at night, to cater to the extra demand, and provision of extra quantities of fuels for supply in the affected States.

The Companies are ensuring that sufficient supplies of Petrol and Diesel are available to cater to this extra demand, and they are committed to fulfill the energy needs of the nation.



(Release ID: 1834285)
Visitor Counter : 1044

Read More

Leave a Reply

Your email address will not be published.

You May Also Like

As Washington ramps up efforts to bring India on board with sanctions against Russia, U.S. treasury official on visit to Mumbai and Delhi

U.S. Assistant Secretary to discuss Russian oil purchases by India, rupee-rouble trade…

Eid-ul-Fitr moon sighting highlights: Saudi Arabia, India may mark Eid same day

Eid-ul-Fitr 2022 moon sighting highlights: There is a wafer-thin chance that Muslims…

सड़क, रेल, 5G… अरुणाचल बॉर्डर से सटे तिब्‍बत में क्‍या-क्‍या गुल खिला रहा चीन, सेना ने सब बताया

Edited by दीपक वर्मा | भाषा | Updated: May 17, 2022, 1:08…

Russia-Ukraine Crisis: Indian crisis: People without Covid-19 negative reports and unvaccinated Indians can enter Delhi airport

The Delhi airport issued a revised advisory to Indian citizens on Saturday…