Sunday, January 8, 2012

Cooking gas scarcity in market

NOC,gas industries,dealers and retailers blame each other
Once again Nepal oil corporation the state oil monopoly  and liquified  petroleum gas entrepreneurs have started blaming each other as comsumer are facing acute shortage of the cooking gas in market.
Nepal oil corporation has completely faild to supply cooking gas according to market demand,general secretory at Nepal LP gas industries Association Kush Kumar Malli said."NOC has fixed 26,500 matric ton quota for 41gas industries but supplying just half of the quota," he said.according to him,the corporation distriduted around 12,000 metric ton  cooking gas in december and 16,000 MT in november which  is not sufficient  to meet growing demand in winter season. winter demand additional  2,500 MT  per month.total 41 gas bottling plants own 4,200,000 cooking gas cylinders and nearly one third cylinders need to refill every month. but the corporation  often fails to meet the demand of companies. however ,the state oil monopoly refutes the charge of its frequently failure to supply LPG. around 16,000 metric ton of cooking gas is enough to meet market demand,acting managing director Suresh kumar Agrawal said."the importan of cooking gas was shortfall in december due to lack of money ,"Agrawal said, adding that the supply in other months is normal.Debt-ridden Nepal oil corporation is incurring rs431.47 losson a cylinder of cooking gas  every month.the corporation bears the loss of fs517.76 million in cooking gas alone if it supplies cooking gas according to the demand of industries.Meanwhile ,the state oil monopoly has claimed  that the scarcity in the market is artificial. the corporation supplied some 1,000 kiloliters petroleum products in friday alone ,according to Agrawal ."fuel scarcity even after friday is not justifiable". he said that the fuel supply will return to normalcy from sunday ," Agrawal informed.however ,dealers said they have not got petroleum products according to their demand till date.

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