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Private refiners warn that they may export fuel
March 18, 2013March 18, 2013by In Oil & Gas

Private refiners warn that they may export fuel

Private sector oil refining companies warned that they would export their diesel and Liquefied Petroleum Gas (LPG) instead of selling them to the local state-run oil marketing companies (OMCs). The warning comes in response to the finance ministry's proposal to calculate domestic fuel price based on Export Parity Price (EPP) instead of the curr