<span style="color: #222222;">Indian Oil Corporation, IOC, Chairman Sanjiv Singh has said that the country has enough petrol, diesel and cooking gas LPG in stocks to last way beyond the three-week nationwide lockdown as all plants and supply locations are fully operational.&nbsp;</span><br />'' <br />'' <span style="color: #222222;">Mr Singh said customers should not resort to panic booking of LPG refills. He said&nbsp;that IOC&nbsp;has mapped demand for all fuel for entire April and beyond and IOC refineries are operating at levels enough to meet all of the demand.</span><br />'' <br />'' <span style="color: #222222;">The nationwide lockdown has shut businesses, suspended flights, stopped trains and brought&nbsp;almost entire&nbsp;vehicular movement to a halt. This has impacted fuel demand with petrol, diesel and aviation turbine fuel registering fall in demand.&nbsp;</span><br />'' <br />'' <span style="color: #222222;">With most cars and two-wheelers going off the road, petrol demand has fallen by 8 per cent in March while diesel demand has been down 16 per cent. ATF demand has fallen by 20 per cent. However, LPG consumption has been growing.&nbsp;</span><br />'' <br />'' <span style="color: #222222;">Mr Singh said that refill demand saw more than 200 per cent jump since the lockdown was announced.</span><br />'' <br />'' <span style="color: #222222;">On March 26, the government announced a Rs 1.7 lakh crore package to deal with hardships caused by the lockdown. This involved giving free foodgrain and 3 LPG cylinders from April to June to poor. IOC supplies to nearly half of the 27.59 crore active LPG customers.</span><br />'' <br />'' <span style="color: #222222;">For the past 10 days, IOC has been delivering on an average 25 lakh cylinders every day to the doorsteps of its customers. All state-run fuel retailers together deliver about 52 lakh refills throughout the country.</span><br />
News On AIR | March 29, 2020 2:10 PM
IOC Chairman, Sanjeev Singh says country has enough petrol, diesel, cooking gas in stocks to last way beyond 3-week lockdown