By Nayan Dave
In the wake of accelerating worldwide crude costs, gross sales at Reliance Industries’ (RIL) over 160 gas shops throughout Gujarat are dealing with provide issues for petrol and diesel. In truth, a few of the pumps have been pressured to halt gross sales briefly within the state.
One of the sellers of RIL in Ahmedabad, on the situation of anonymity, confirmed that gross sales from Jio-BP petrol stations have briefly stopped from Sunday night. However, on Monday, in an announcement, a Jio-BP spokesperson stated, “As we navigate this unprecedented scenario of volatile fuel prices, Jio-BP remains committed to fulfilling the brand’s promise of bringing the future of mobility to Indian customers. Any speculation around Jio-BP shutting down operations are conjectures without any basis.”
Not solely RIL’s sellers, greater than 1,600 sellers of the opposite two non-public firms — Nayara Energy and Shell — have additionally been dealing with the issue of irregular provide for the previous couple of days, stated Arvind Thakker, president of Federation of Gujarat Petroleum Dealers’ Association (FGPDA). According to Thakker, if these two firms determine to cease gross sales from their shops, the state may even see lengthy queues at petrol pumps of government-owned Indian Oil (IOC), Hindustan Petroleum (HPCL) and Bharat Petroleum (BPCL) within the close to future.
Of the three-government owned firms, sellers of HPCL and BPCL are additionally dealing with a day’s delay in petrol and diesel provide, he added. There are practically 4,500 petrol pumps of personal and government-owned firms in Gujarat. Gujarat consumes practically 550 million litres of diesel and 250 million litres of petrol monthly. The present diesel worth in Gujarat is Rs 99.50 per litre, stated Thakker, including, “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 stated that even within the present powerful state of affairs, the corporate is making an attempt to proceed provide to all its gas sellers not solely in Gujarat however throughout the nation. As the fastest-growing non-public gas station community in India, Nayara Energy has over 6,500 petrol pumps in India and over 1,200 pumps in varied phases of commissioning. The firm plans to have a community of over 8,200 petrol pumps by 2024, overlaying nationwide and state highways in addition to rural areas.
Mukesh Ambani-led RIL has a national community of practically 1,400 pumps. Shell has practically 200 pumps in India.
Source: www.financialexpress.com”