Murli Deora

Diesel price cut discussion not on the agenda, says Deora

Diesel price cut discussion not on the agenda, says DeoraRuling out speculation of a price-cut in diesel on Thursday, Petroleum Minister Murli Deora said the issue is not on the Cabinet's agenda.

Talking to reporters here today, Deora refused to comment on the meeting of the Cabinet Committee on Political Affairs, scheduled for Friday evening to discuss fuel price revision.

Petroleum Secretary R S Pandey said: "I have not been informed of any meeting till now."

With the state-owned oil firms gaining Rs 3.26 per litre, a reduction in retail rates is expected.

Deora promises new sources of gas supply from April 2009

Murli DeoraNew Delhi, Feb 18 : Union Petroleum Minister, Murli Deora has said that the supply of natural gas from KG D-6 field is likely to begin by April 2009.

Speaking at the Parliamentary Consultative Committee Meeting here last evening, Deora said that decision has been taken to supply the first 40 Million Metric Standard Cubic Metre (MMSCMD) per day of gas to meet shortfall in existing gas-based urea plants, LPG plants and power plants.

He added that gas would also be supplied to meet the requirement of PNG and CNG for residential and transport sectors.

India offers 10 percent stake in Petronet LNG to Qatar

Petroleum and Natural Gas Minister Murli Deora New Delhi, Jan. 14 : Union Petroleum Minister, Murli Deora has said that India is willing to offer a 10 per cent stake in Petronet LNG to Qatar.

Earlier, participating in the eighth edition of Asia''s largest petroleum exhibition and conference `Petrotech 2009' here, Qatar's Oil Minister Abdullah bin Hamad al-Attiyah had said that his country is ready to supply an additional 2.5 million tones of LNG gas to India.

Fuel and LPG price cut in next few days

Fuel and LPG price cut in next few daysPetroleum minister Murli Deora on Saturday announced that the government is likely to cut petrol rates up to Rs 5 per litre, and a reduction of Rs 3 a litre in diesel and Rs 25 per LPG cylinder prices in the coming days.

According to sources, Oil companies have minimized the losses on petrol and diesel, as crude oil rates have lowered to $40 per barrel from its peak of $147 a barrel in July previous year.

Fuel supplies still short as Deora promises price cut

Murli DeoraNew Delhi/Mumbai, Jan. 10 :India''s fuel crisis blew over on Friday, but commuters in New Delhi continued to grapple with short fuel supply even on Saturday.

Commuters ran from one petrol pump to the other in search of fuel as many of the pumps had run dry after the three-day strike.

"The strike has ended but we are not able to get petrol or diesel anywhere. I''ve checked two three petrol pumps but have not been able to get any fuel," said Kapil, a commuter.

A few filling stations were found functioning normally, meeting the commuters'' demand for fuel.

Govt intends to introduce more cuts in fuel prices

Govt intends to introduce more cuts in fuel prices The UPA Government has announced that it plans to trim down petrol and diesel prices further in the coming 2-3 weeks and also hinted at cutting down cooking gas prices between Rs 20-25 a cylinder.

Petroleum Minister Murli Deora did not divulge the time frame and extent of reduction in the fuel prices. "The price cut is under active consideration. In two to three weeks, a decision will be taken," Mr. Deora said.

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