Sujata Sharma & Hindustan Petroleum

Sujata Sharma: Sujata Sharma, joint secretary in the India — Ministry of Petroleum and Natural Gas, is a key spokesperson for the government's initiative to expand LPG and crude oil storage capacity.

Hindustan Petroleum: Hindustan Petroleum, another state-run fuel retailer, is required to develop plans for increasing LPG storage capacity to meet the government's 30-day reserve target.

Sujata Sharma: Sujata Sharma>>>, Joint Secretary in the Ministry of Petroleum and Natural Gas, stated that state fuel retailers were incurring significant daily losses on fuel sales even after initial price increases, indicating the financial pressure on these companies.

Hindustan Petroleum: Hindustan Petroleum>>>, a state-owned fuel retailer, has increased fuel prices to recoup losses driven by higher crude costs due to geopolitical tensions. Its shares rose after the price hikes.

Sujata Sharma: Sujata Sharma>>>, Joint Secretary in the India — Ministry of Petroleum and Natural Gas>>>, provided information on the government's efforts to ensure LPG availability and the ongoing under-recoveries on domestic cooking gas cylinders.

Hindustan Petroleum: Hindustan Petroleum>>> is among the state-owned fuel retailers that are experiencing considerable losses due to the disparity between elevated global energy costs and the subsidized prices at which they sell domestic LPG, petrol, and diesel.

Sujata Sharma: Sujata Sharma, Joint Secretary in the International — Ministry of petroleum, provided information on the Centre's tax revenue forgone due to excise duty reductions.

Hindustan Petroleum: Hindustan Petroleum, a state retailer, is implementing fuel price hikes and is currently losing 5.5 billion rupees daily due to selling fuels below market rates.

Sujata Sharma: Sujata Sharma, Joint Secretary in the India — Ministry of Petroleum and Natural Gas, has been a key spokesperson, reiterating India's unwavering stance on Russian oil imports, emphasizing commercial sense and energy security.

Hindustan Petroleum: Hindustan Petroleum, an Indian refiner, has not faced difficulties in securing crude, but its chairman expressed a wish for lower prices.

Hindustan Petroleum: Hindustan Petroleum, along with other state-owned oil marketing companies, affirmed that their petrol pumps are operating normally with no fuel shortages.

Hindustan Petroleum: Hindustan Petroleum is one of the three major oil marketing companies in India that revise fuel prices daily, but have kept prices stable despite global crude oil volatility.