Instructed committee to increase private participation in LPG business: Pradhan


Instructed committee to increase private participation in LPG business: Pradhan

A government committee constituted to liberalise the auto fuel retail sector has also been instructed by the petroleum ministry to suggest ways to increase private participation in the liquefied petroleum gas (LPG) retail, Oil and Steel Minister Dharmendra Pradhan told ETEnergyWorld.

Currently, parallel or private marketers are not allowed to sell subsidised LPG and are operating in the packed domestic LPG, packed commercial LPG, industrial LPG, and auto LPG space, the plan by the oil ministry to allow private players in the subsidised LPG ecosystem has already made LPG distributors from Indian Oil (IOC), Bharat Petroleum (BPCL), and Hindustan Petroleum (HPCL) apprehensive.

While the oil minister did not directly respond to whether the committee has been mandated to look at private participation in selling subsidised LPG Read More

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