(a) the names of private sector oil refining companies entitled for marketing rights of controlled petroleum products;
(b) whether some applications are pending with the Government;
(c) if so, the details thereof; and
(d) the time by which these oil companies are proposed to be granted marketing rights to avoid malpractices ?
MINISTER OF STATE IN THE MINISTRY OF PETROLEUM AND NATURAL GAS ( SHRI SANTOSH KUMAR GANGWAR )
(a) to (d):- A Statement is laid on the Table of the House.
STATEMENT REFERRED TO IN RESPECT OF PARTS (a) TO (d) OF LOK SABHA UNSTARRED QUESTION NO.1882 FOR 30.11.2000.
(a) to (d) :-The Government of India announced a road map for dismantling of Administered Pricing Mechanism (APM) in November, 1997. The aforesaid announcement inter alia provided for grant of marketing rights for transportation fuels viz. Motor Spirit (MS), High Speed Diesel (HSD) and Aviation Turbine Fuel (ATF) conditional on owning and operating refineries with an investment of at least Rs.2,000 crore or oil exploration and production companies producing atleast three million tonnes of crude oil annually. Full de-regulation of Petroleum Sector is slated from 1st April, 2002.
The Government have received requests from M/s. Reliance Petroleum Limited, M/s. Essar Oil Limited and M/s Mangalore Refinery and Petrochemicals Ltd. for grant of marketing rights for transportation fuels.
Out of these refining companies M/s. Reliance Petroleum Limited and M/s Mangalore Refinery and Petrochemicals Ltd. generally fulfil the criteria for grant of marketing rights. Marketing rights will be granted after the APM is dismantled.
Government have already decontrolled all petroleum products except MS, HSD, ATF, LPG (Domestic) and Kerosene (PDS).