Jet fuel under-recovery at Rs 30/Litre, LPG demand managed: Govt as fuel sales surge 30% in May
New Delhi, June 1 -- Domestic jet fuel prices continue to track international markets with under-recovery of around Rs 30 per litre, the government said Monday, while also confirming steps to manage LPG demand through booking timelines and restrained commercial supplies.
"Domestic jet fuel has an under-recovery of around 30 rupees, but this under-recovery is variable based on international prices," said Sujata Sharma, Joint Secretary, Ministry of Petroleum and Natural Gas. "So this price is determined based on the international prices and it also goes up and down accordingly."
On LPG, Sharma said consumption has been moderated through administrative measures. "The other thing is the reduction in fuel consumption. So in LPG, as I have to...
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