(EnergyAsia, April 27 2012, Friday) — India’s long-suffering oil refiners are seeking an additional cash compensation of 400 billion rupees from the government to continue producing and selling fuel to domestic customers at a loss. (US$1=51 rupees).The government has repeatedly rejected the refiners’ request to raise fuel prices to reduce their operating losses from their…

This article is for Subscriber members only.
Log In Register