Deora to review working of oil PSUs

New Delhi, Aug 19 : Union Minister of Petroleum and Natural Gas Murli Deora will meet Chief Executive Officers (CEOs) of oil PSUs here today to review PSU working and to discuss various issues, challenges and problems faced by them.

Minister of State for Petroleum and Natural Gas Dinsha Patel and Petroleum Secretary R.S. Pandey will also be present in the meeting.

The meeting would specially focus on the distribution of petroleum products in the country.

The Minister would review the availability of fuel stocks with the oil companies in the light of coming festival season. He would also examine their preparedness to prevent shortages.

Another point on the agenda is the review of the financial position of Oil Marketing Companies (OMCs) in the back drop of under-recoveries incurred by them on sensitive fuels like petrol, diesel, domestic LPG and PDS kerosene.

Implications of the recommendations of high-powered B.K. Chaturvedi Committee will also be discussed.

ANI