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Rajya Sabha
In addition to the Public Sector Oil Marketing Companies (IOC, BPCL, HPCL and IBP), The Government have also authorized Oil and Natural Gas Corporation (ONGC), GAIL (India) Limited (GAIL) and Reliance Industries Limited (RIL) to market indigenously produced LPG in the country. The decision taken in February 2005 is subject to the following :-
(i) Till 31.3.2006, after meeting the demand of OMCs in full as per industry logistics plan, these companies are authorized to sell seasonally surplus LPG subject to this not exceeding 20% of their total sale of LPG.
(ii) After 1.4.2006, ONGC, GAIL and RIL are authorized to market LPG but their sale of bulk (non-domestic) LPG should not exceed 20% of total sales of LPG, the remaining 80% being earmarked for domestic LPG.
(iii) ONGC, GAIL and RIL would have to strictly adhere to the provisions of the LPG (Regulation of Supply and Distribution) Order, 2000 dated 26.4.2000 and the LPG (Regulation of Use in Motor Vehicles) Order, 2001 dated 1.8.2001 for sale of LPG in domestic and non-domestic markets.
In April 1993 Government allowed private sector companies to participate in the scheme of parallel marketing of LPG, under which these companies can import LPG and sell it at market-determined prices.
Above information was give by Shri Mani Shankar Aiyar, Minister of Petroleum & Natural Gas and Panchayati Raj in a written reply in the Rajya Sabha today.
RCJ/kc/ handing over LPG-pvt players (2.8.05)
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