The Consortium of Indian Petroleum Dealers (CIPD) has requested the oil marketing companies (OMCs) to restore the normal supply of diesel without any rationing to prevent dehydration.
In a letter to the oil industry coordinator, CIPD president M Narayana Prasad said petroleum dealers were being pressured by the OMCs to “be careful” when selling fuels, especially diesel.
The OMCs also stated that loads would only be delivered in combination (petrol and diesel).
“The reason the OMCs give for this limited supply is that they are losing 28 rupees per liter on diesel and 8 rupees on petrol. We are advised to avoid selling to new customers by supplying only to existing customers,” noted Narayana Prasad op. †
He also said officials of OMC’s sent WhatsApp messages to petroleum dealers saying the situation was “critical” and would remain so until the retail price was increased.
This restrictive measure can lead to desiccation and a lot of nuisance for motorists.
“We fear that the situation in the field could become chaotic and cause unwarranted problems that are unsafe for the network in general. The volatility resulting from fears of a shortage of supplies must be avoided,” said the CIPD chief.
Narayana Prasad requested the oil industry coordinator to invite the petroleum dealers to discuss the matter and, in the meantime, restore normal diesel supply.
He regretted that many problems related to the trade remained unresolved despite several protests since 2017.
He hoped that the OMCs would now at least respond positively to industry concerns.