Close X
Friday, November 15, 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

Punjab-origin MPs seek justice for violence victims

Punjab-origin MPs seek justice for violence victims
Canadian MP Tim S. Uppal said he was shocked to learn about the brazen attack on protesting farmers.  Another Canadian MP Ruby Sahota said she was heartbroken to learn about the violence directed at protesting farmers.

Punjab-origin MPs seek justice for violence victims

In run up to Punjab polls, plea to fight air pollution

In run up to Punjab polls, plea to fight air pollution
The demand made by citizens primarily mirrored their right to clean air and the right to breathe, underlining the reality that Punjab is home to some of India's most polluted towns, including Mandi Gobindgarh, Amritsar, Jalandhar, Ludhiana, Khanna, and Patiala.

In run up to Punjab polls, plea to fight air pollution

Report on drugs to see light of day after over 2 yrs delay: Sidhu

Report on drugs to see light of day after over 2 yrs delay: Sidhu
The case was assigned to the division bench of Justices A.G. Masih and Ashok Kumar Verma. Earlier, the case was being heard by the bench of Justices Rajan Gupta and Ajay Tewari but the latter recused himself from hearing the case on September 1.

Report on drugs to see light of day after over 2 yrs delay: Sidhu

Ten held for assaulting Delhi Police personnel

Ten held for assaulting Delhi Police personnel
Furnishing details about the incident, Additional DCP-2 Nishant Gupta told IANS that they had received information about a firing incident in the northeast Delhi area on October 1.

Ten held for assaulting Delhi Police personnel

Sidhu to lead march to Lakhimpur Kheri on Wednesday

Sidhu to lead march to Lakhimpur Kheri on Wednesday
The activists of Punjab Congress will walk towards Lakhimpur Kheri in Uttar Pradesh if Priyanka Gandhi is not released and the Union Minister's son accused of murder not arrested, said state party President Navjot Sidhu on Tuesday.

Sidhu to lead march to Lakhimpur Kheri on Wednesday

Oppn parties politicising Lakhimpur Kheri violence: BJP

Oppn parties politicising Lakhimpur Kheri violence: BJP
Referring to police action against protesting farmers in Congress-ruled Rajasthan, the BJP leader said, "Congress leaders who are very keen to visit Lakhimpur Kheri have not uttered a single word against police lathicharge on farmers in Hanumangarh, Rajasthan."

Oppn parties politicising Lakhimpur Kheri violence: BJP