Oil pricing decision comes back to haunt govt

Sanjay Jog, Vikas Dhoot

Posted: Friday, Jan 09, 2009 at 2306 hrs IST
Updated: Friday, Jan 09, 2009 at 2306 hrs IST


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New DelhiMumbai: refineries at Panipat and Mathura. Similarly, at the second largest public sector oil marketing company, BPCL, though its Mumbai refinery is operating at 70% capacity, the Koyali refinery in Gujarat is producing only 25% of its normal output. The other public sector oil company, HPCL, is taking products from private sector oil refiner Essar to fill in the gaps. Essar, which is operating its 1,000 petrol stations 24x7, has committed to supply 450,000 kilolitres of petrol and diesel to the three fuel retailers and most of this is being taken by HPCL.

Of the 3,200 petrol pumps across Maharashtra , more than 50% are dry. Domestic flights were delayed due to oil shortage in Mumbai. A spokesperson for the MIAL, which runs the Chhatrapati Shivaji International Airport, said 73 flights were delayed. ...

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