Andhra Pradesh Faces Diesel Shortage Amid Supply Disruptions
"Companies not able to supply oil properly:" Andhra Petroleum Association flags diesel shortage, long queues at fuel stations
The Economic Times
Image: The Economic Times
A diesel supply disruption in Andhra Pradesh, India, caused by the ongoing crisis in West Asia, has led to long queues at fuel stations and warnings from dealers about potential shutdowns. The Andhra Pradesh Petroleum Association has highlighted the need for improved supply from oil companies to meet rising demand.
- 01Diesel supply disruptions have caused long queues at fuel stations in Andhra Pradesh.
- 02The Andhra Pradesh Petroleum Association reported that oil companies are only replenishing stocks every two days.
- 03Dealers warn that operations may shut down if supply issues persist.
- 04The increase in crude oil prices has led to losses for oil companies, affecting supply.
- 05The Ministry of Petroleum assures adequate stocks of petrol and diesel, urging citizens to avoid panic buying.
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In Andhra Pradesh, India, a diesel supply disruption linked to the ongoing crisis in West Asia has resulted in long queues at petrol stations, with some displaying 'No Stock' signs. The Andhra Pradesh Petroleum Association president, Gopala Krishna, noted that oil companies have been unable to meet the increased demand for diesel, replenishing stocks only once every two days. This has raised concerns among fuel dealers, who warn that operations may be forced to shut down if the situation does not improve. The rising crude oil prices have led to losses of ₹30 to ₹40 per litre for oil companies, compounding the supply issues. Despite these challenges, the Ministry of Petroleum and Natural Gas has assured that there are adequate stocks of petrol and diesel nationwide and urged citizens to avoid panic buying. The government is working to stabilize supply and maintain regular retail prices.
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The diesel shortage is causing significant inconvenience for commuters in Andhra Pradesh, leading to long wait times at fuel stations and potential operational shutdowns for dealers.
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