Diesel demand shifts to PSU retail pumps, India has sufficient fuel supplies: Govt
New Delhi, May 21 -- Demand for diesel is increasingly shifting from bulk buyers to retail outlets operated by government oil companies, but the country has sufficient fuel supplies to meet demand, Sujata Sharma, Joint Secretary, Ministry of Petroleum and Natural Gas, said on Thursday during an inter-ministerial press briefing on the situation in West Asia.
"Bulk supplies of diesel are shifting to retail. Demand is shifting to government companies, and we have sufficient supplies," Sharma said.
She added that India currently has sufficient supplies of petrol, diesel, LPG and natural gas despite global geopolitical tensions impacting imports, and said the government has taken steps to reduce the burden on citizens.
"Our imports are impa...
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