The Hindu Business Line : HPCL outlets will continue to meet part of demand

Kolkata. Jan. 8 Normalcy in operations of HPCL and private LPG players may help keep the energy lifeline in the eastern region and other parts of the country alive. The officers of HPCL did not participate in the onging strike by PSU oil sector executives.

Aviation refuelling services will not be impacted in a weeks’ time as al the major airports have at least 10 days ATF tank storage.

Top officials in oil PSUs confirmed that while the city petrol and diesel bunks of IOC and BPCL might dry up in a day or so, HPCL outlets will continue to meet part of the demand.

According to sources, HPCL has independent product sourcing arrangement from its Mumbai and Vizag refineries and will continue to supply products to its retail outlets across the country.

There is little doubt though that the supplies may fall short of the demand as the company accounts for no more than 15-20 per cent of the total refining capacity of the country. Also unlike IOC, HPCL does not have vast product pipeline network across the country.

Meanwhile, IOC sources confirm that the company is geared to meet 50 per cent of the domestic LPG demand in Kolkata and other parts of Eastern region (including Bengal, Bihar and Orissa) irrespective of the officers’ strike. The credit goes to an IOC-Petronas joint venture which has stepped up its LPG production in Haldia.

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