It is true that in some areas in some provinces, there has been a sharp increase in demand for petrol and diesel, which increased by 50% in the first half of June 2022 over the same period last year. In particular, this has been noted in Rajasthan, Madhya Pradesh and Karnataka. These are the provinces where the bulk of the supply was made by Retail Outlets owned by Private Marketing Companies and where the distances from Supply sites i.e. Terminals and Deposits made. Over the past few days, some areas have reported a sharp increase in rushing conditions in PSU Retail Outlets stores, leading to delays and increased wait time for customers. This, in turn, has led to speculation about the supply chain of companies in the Public Sector Oil Marketing Companies.
Petrol and diesel production in the country is more than enough to take care of any increase in demand. This unprecedented growth creates temporary transport problems at the local level. Oil companies are preparing to address these issues by increasing shares in Depots and terminals; Additional Movement of Truck Tanks and Trucks to Operate Retailers; Extended working hours Depots and storage areas including overnight, to meet additional demand, as well as to provide an additional amount of fuel for supply to the affected countries.
In general, the increase in demand was due to an increase in demand for the Season due to agricultural activities, Bulk buyers shifted their purchases to grocery stores, and a sharp decline in sales by private Market companies by a large amount that changed to Retail. PSU RO. At the same time, thanks to the Government’s campaign for the illegal sale of Bio-Diesel, these volumes have also been added to the sale of RO Diesel. The companies ensure that sufficient petrol and diesel resources are available to meet this additional demand, and are committed to meeting national electricity needs.
