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Showing posts with label Oil Companies. Show all posts
Showing posts with label Oil Companies. Show all posts
Sunday, September 18, 2011
Sunday, January 02, 2011
Oil companies will be adequately compensated: Govt
Public sector oil marketing companies (OMCs) would be adequately compensated by the Government for selling fuel products at a discount, Petroleum Secretary S. Sundareshan said. The revenue loss to the OMCs would be adequately and fully addressed, Sundareshan said today at a hurriedly called media conference in the capital. His remarks came a day after the Empowered Group of Ministers (EGoM) on fuel prices was postponed indefinitely. The panel was to take up an increase in diesel and LPG prices. The EGoM has been considering a price hike of Rs 2 per litre on diesel and Rs 30-40 per LPG cylinder. OMCs currently sell diesel at a loss of Rs 6.09 per litre and domestic LPG at Rs 272.19 per cylinder. Sundareshan refused to comment on the reason for the postponement of the EGoM.
Sunday, July 05, 2009
Friday, May 11, 2007
Thursday, May 10, 2007
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