Close X
Monday, November 18, 2024
ADVT 
India

Govt looking for alternative market for fuel purchase: Puri

Darpan News Desk IANS, 14 Mar, 2022 01:08 PM
  • Govt looking for alternative market for fuel purchase: Puri

New Delhi, March 14 (IANS) Union Minister for Petroleum Hardeep Singh Puri on Monday informed the Rajya Sabha that the government is looking for an alternate market for fuel purchase amid the ongoing Russia-Ukraine conflict.

Responding to a question during 'Question Hour', he said that the government has been exploring all options such as currency to facilitate purchase, supply of oil in markets, insurance and freight.

In response to Congress lawmaker Shakti Singh Gohil's question whether the government intends to reduce diesel rates, the Minister said that the prices of diesel were deregulated. "Whenever we felt that the common man needed more relief, we went ahead and reduced the price. In November 2021, we brought down the fuel prices by Rs 10," Puri said in the House.

Congress MP K.C. Venugopal said that petrol prices have increased 63 times and diesel 61 times. He also said that since November, the government has not hiked the price and asked whether the price will remain the same or will be a hike or not.

The Petroleum Minister also informed that Venezuela is a country which was subjected to sanctions by another country. He further said that there was hope and expectation that oil from other sanctioned countries would become available, the Organisation of Oil Exporting Countries (OPEC) countries would increase their oil production and there would be persuasion by the international community in this regard.

Puri also said that neither the union government nor the oil companies are going to float oil bonds.

"All legitimate steps would be taken to maintain prices of oil," he said.

MORE India ARTICLES

‘We Love This Country, Stop Calling Us Traitors’, Shaheen Bagh Protester Tells Mediators

The Supreme Court-appointed interlocutors met Shaheen Bagh protesters on Thursday in their second visit to the site where people have been on a sit-in since the last two months against the amended citizenship Act.

‘We Love This Country, Stop Calling Us Traitors’, Shaheen Bagh Protester Tells Mediators

15 Crore Muslims Can Dominate On 100 Crore Hindus: AIMIM Leader Waris Pathan Sparks Controversy In Karnataka

AIMIM leader Waris Pathan has hit out at those who have objected to Muslims protesting against the government and said members of the Muslim community may be as less as 15 crore but they can give a fitting reply to the majority community if needed.

15 Crore Muslims Can Dominate On 100 Crore Hindus: AIMIM Leader Waris Pathan Sparks Controversy In Karnataka

Ahead Of Trump Visit, Ahmedabad MC Asks Slum-Dwellers To Vacate

You have encroached upon a plot of land belonging to the AMC (Ahmedabad Municipal Corporation). Evict the plot in another seven days with your household chattels, otherwise, a departmental action will be taken to evict the land.

Ahead Of Trump Visit, Ahmedabad MC Asks Slum-Dwellers To Vacate

Punjab TV Actress Anita Singh Killed By Husband Ravinder Pal Singh Over Alleged Affair: Police

Punjab TV Actress Anita Singh Killed By Husband Ravinder Pal Singh Over Alleged Affair: Police
TV actor Anita Singh’s charred body was found in Kaladhungi area of Nainital - about 30 km from the district headquarters, Nainital district police chief Sunil Kumar Meena said.  

Punjab TV Actress Anita Singh Killed By Husband Ravinder Pal Singh Over Alleged Affair: Police

Punjabi Folk Singer Lachi Bawa Passes Away

Lachi, the elder daughter of noted Punjabi singer Gurmeet Bawa, was hospitalised in Ludhiana.

Punjabi Folk Singer Lachi Bawa Passes Away

74% Delhi MLAs Millionaires, Three-Fifth Face Criminal Cases

74% Delhi MLAs Millionaires, Three-Fifth Face Criminal Cases
According to ADR, 45 Aam Aadmi Party (AAP) legislators of the 62, and seven of the eight Bharatiya Janata Party (BJP) MLAs had declared more than Rs 1 crore assets while filing their nomination papers.

74% Delhi MLAs Millionaires, Three-Fifth Face Criminal Cases