(EnergyAsia, September 1) — India’s downstream state oil marketers could lose as much as Rs400 billion in the current financial year to March 31 2006 selling oil products to domestic consumers at subsidised rates. Petroleum Minister Mani Shankar Aiyar, told Financial Express that the state marketers are in danger of being unable to proceed…
INDIA: State oil marketers could lose Rs400 billion through oil subsidies
Posted on September 1, 2005 by EnergyAsia