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OMCs to share aviation fuel facilities with Pvt firms
March 18, 2013March 18, 2013by In Oil & Gas

OMCs to share aviation fuel facilities with Pvt firms

In what could open the aviation turbine fuel (ATF) market for private companies, the State-run oil marketing companies (OMCs) have agreed, in-principle, to share their storage facilities to feed Asia's largest terminal at New Delhi. The decision was taken during a meeting between aviation and petroleum ministries last week, a senior government official said. With this move, private ATF sellers will get overnight access to assets created by government firms, said a senior executive with an OMC.