Company seen losing Rs 68,000 crore
in subsidised fuel sale in FY14
Oil marketing companies’ FY14 under-recovery of Rs 1.28 lakh crore
Under-recovery on retail diesel at Rs 9.29/litre after hike
Currently losing Rs 33.54/litre on kerosene sale
International price of petrol up at USD 120/bbl versus USD 117.19/bbl
Currently losing Rs 412/cylinder on subsidised LPG sale.
Oil marketing companies’ FY14 under-recovery of Rs 1.28 lakh crore
Under-recovery on retail diesel at Rs 9.29/litre after hike
Currently losing Rs 33.54/litre on kerosene sale
International price of petrol up at USD 120/bbl versus USD 117.19/bbl
Currently losing Rs 412/cylinder on subsidised LPG sale.
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