Ministry of Petroleum & Natural Resources

The Product Review Meeting Held In The Situation Room Ministry Of Petroleum & Natural Resources on January 22, 2015

·         PSO’S TWO TANKERS WILL ARRIVE ON 26TH AND 29TH JANUARY 2015 CARRYING 100000 M.TON, BESIDES, HPL TANKER WILL REPORT ON 26TH JANUARY 2015 HAVING 32000 M.TON .

·         ACCORDINGLY, SPL’S TANKER WILL REPORT ON 29TH JANURAY 2015 CARRYING 29000 M.TON. WITH THE ARRIVAL OF THESE TANKERS, THE OVER ALL STOCK POSITION WILL BOOST UP.

·         ALL THE OMC’S HAVE BEEN ADVISED TO ENSURE EQUITABLE SUPPLY OF PETROL TO THEIR RETAIL OUTLETS, TO AVOID ANY DRY OUT SITUATION.

·         ALL THE OMCS ARE FURTHER ADVISED TO ENSURE 10% + OPTION IN THEIR UP COMING CARGOES ARRIVING IN FEBRUARY 2015, HELPING IN SMOOTH SUPPLY OF MS.

·         PSO HAS COMMITTED TO INCREASE THEIR DAILY SUPPLY OF PETROL FROM 7000 M.TON TO 8500 M.TON FROM 26TH JANUARY 2015 TILL 3RD OF FEBRURAY 2015.

·         OMCs ARE ADVISED TO PLAN FROM NOW THE IMPACT OF CONSUMERS SWITCH OFF FROM CNG TOPETROL, AFTER REDUCTION IN CASE PRICE OF PERROL GOES BELOW THAN CNG.