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Hydrocarbon sector seeks cut in cess & regulatory reforms
Financial Express Kochi
|January 17, 2025
Run-up To The Budget 2025-26
The oil and gas industry has sought supportive regulatory reforms to compensate for losses incurred by downstream companies on the sale of auto fuels, and a cut in the cess on crude oil production.
"The oil marketing companies expect adequate budgetary provision to compensate for losses incurred on the sale of auto fuels and sensitive products—LPG and kerosene," said Prashant Vasisht, senior vice president & co-group head—corporate ratings, Icra.
This story is from the January 17, 2025 edition of Financial Express Kochi.
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