Oil marketing cos permit dealers to operate more than one petrol pump


Oil marketing cos permit dealers to operate more than one petrol pump

State oil marketing companies (OMCs) have permitted dealers to operate more than one petrol pump, paving way for emergence of small chains of filling stations in the country.

IndianOil, Bharat Petroleum and Hindustan Petroleum are currently in the process of appointing dealers for about 78,500 filling stations under a new guideline which allows individuals or legal entities such as companies and trusts to obtain licenses to operate more than one pump.

The new rules also allow a dealer of a private oil marketer such as Reliance Industries or Nayara Energy to apply for a state pump dealership, according to industry executives. Read More

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