Rising oil price hits supply at RIL, Shell, Nayara fuel outlets in Gujarat
Financial Express Mumbai|May 17, 2022
IN THE WAKE of increasing international crude prices, sales at Reliance Industries (RIL) over 160 fuel outlets across Gujarat are facing supply problems for petrol and diesel.
NAYAN DAVE
Rising oil price hits supply at RIL, Shell, Nayara fuel outlets in Gujarat

In fact, some of the pumps have been forced to halt sales temporarily in the state.

One of the dealers of RIL in Ahmedabad, on the condition of anonymity, confirmed that sales from Jio-BP petrol stations have temporarily stopped from Sunday evening. However, on Monday, in a statement, a Jio-BP spokesperson said, “As we navigate this unprecedented scenario of volatile fuel prices, Jio-BP remains committed to fulfilling the brand's promise of bringing the future of mobility to Indian customers.

Any speculation around JioBP shutting down operations are conjectures without any basis."

Not only RIL's dealers, more than 1,600 dealers of the other two private companies – Nayara Energy and Shell — have also been facing the problem of irregular supply for the past couple of days, said Arvind Thakker, president of the Federation of Gujarat Petroleum Dealers'Association (FGPDA).

This story is from the May 17, 2022 edition of Financial Express Mumbai.

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This story is from the May 17, 2022 edition of Financial Express Mumbai.

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