Categories
Beyond

Government warns industries on retail fuel use

Centre says fuel supplies remain stable across the country

The Central government has asked industrial consumers not to purchase petrol or diesel from retail fuel stations, saying there is no shortage of fuel in the country. The advisory comes amid reports that some industries were increasingly sourcing fuel from retail outlets instead of authorised bulk suppliers.

Officials from the Petroleum Ministry clarified that India’s fuel supply position remains comfortable and there is no disruption in petrol or diesel availability. The government said industries should continue procuring fuel through approved commercial and bulk supply channels as per existing norms.

According to officials, retail fuel pumps are primarily meant for public and transport-related consumption. Any sudden shift in industrial demand towards retail outlets could create unnecessary pressure on local fuel stations and affect supply management.

The government also warned against panic buying and said rumours around fuel shortages were misleading. Authorities stated that oil marketing companies have adequate inventories and supply chains are functioning normally across states.

Oil companies have reportedly been asked to monitor fuel sales and identify unusual bulk purchases at retail pumps. Officials are also keeping a close watch on distribution networks to ensure uninterrupted supply to both industries and regular consumers.

The clarification comes at a time when global crude oil markets remain volatile due to geopolitical tensions and international supply concerns. Despite fluctuations in crude prices, the government said India’s domestic fuel availability remains stable.

Also Read: Reliance sets June 5 as dividend record date

Leave a Reply

Your email address will not be published. Required fields are marked *