CEOs AND SENIOR MINISTRY OFFICERS TO ATTEND18 August :The Minister of Petroleum & Natural Gas Shri Murli Deora will meet Chief Executive Officers(CEOs) of Oil PSUs here tomorrow along with senior officers of the Ministry of Petroleum & Natural Gas to review PSU working and to discuss various issues, challenges and problems faced by them. The Minister of State for Petroleum & Natural Gas Shri Dinsha Patel and Petroleum Secretary Shri R.S. Pandey will also be present in the meeting.
Tomorrow’s meeting would specially focus on the distribution of petroleum products in the country. The Minister would review the availability of fuel stocks with the oil companies in the light of coming festival season. He would also examine their preparedness to prevent shortages. Another point on the agenda is the review of the financial position of Oil Marketing Companies(OMCs) in the back drop of under-recoveries incurred by them on sensitive fuels like petrol, diesel, domestic LPG and PDS kerosene. Implications of the recommendations of high powered B.K. Chaturvedi Committee will also be discussed.