Govt looking for alternative market for fuel purchase: Puri
Darpan News Desk IANS, 14 Mar, 2022 01:08 PM
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.
The police recovered 1.1 kg of gold, 1.9 kg of silver articles and a bike from the accused persons. The arrested persons are identified as Karate Seena a.k.a Srinivas, Kokkare Satish and Tejas, all residents of north Bengaluru.
In February, last year, the Union Ministry of Home Affairs had informed the Supreme Court that the Tamil Nadu Governor has recorded that the President of India is the competent authority to deal with pardon plea of A.G. Perarivalan, one of the convicts in Rajiv Gandhi assassination case.
All Indian students who were stuck in Sumy area of war-torn Ukraine have been successfully airlifted through Operation Ganga, the government said on Monday. Ministry of External Affairs spokesperson Arindam Bagchi said that they had apprehensions but their mission to evacuate Indian students was successful.
The Minister was talking ahead of the session he will be chairing as part of the Regional Conference with Ministers from six states and UT of Andaman & Nicobar Islands to review the progress made under Jal Jeevan Mission and Swachh Bharat Mission-Grameen on Wednesday.
The price of crude oil in the international market has reached $117 per barrel. According to experts, if the Russia-Ukraine war continues, then crude oil prices could reach $ 185 per barrel.
"Under 'Operation Ganga' to rescue Indian citizens, 1,314 Indians have been airlifted today by seven special civilian flights from Ukraine's neighbouring countries. With this, more than 17,400 Indians have been brought back since the special flights began on 22nd February, 2022."
