No hike in Kerosene and LPG prices: Govt.July 21st, 2009 NEW DELHI - Union Minister for Petroleum and Natural Gas Murli Deora on Tuesday said that the Government has decided not to increase the retail prices of kerosene and domestic LPG, in the interest of the common man, particularly the vulnerable sections of the society. Replying to a debate on the call attention notice in the Rajya Sabha on Tuesday, Deora said that to protect the consumer from the inflationary impact of rising international oil prices, Government has been modulating the retail prices of sensitive petroleum products, including petrol, diesel, kerosene and domestic LPG.
Deora hints at fuel price cut if global rates fallJuly 21st, 2009 NEW DELHI - The government Tuesday indicated that retail prices of fuel could be reduced if international crude prices fell. "The government is monitoring the international oil prices closely and will take appropriate pricing decisions to protect the interest of the common man, particularly the vulnerable sections of the society, Petroleum Minister Murli Deora said Tuesday in the Rajya Sabha.
India will not pull out of Iran gas pipeline project: DeoraJuly 20th, 2009 NEW DELHI - The Union Petroleum Minister Murli Deora has made clear that India will not bow to any external pressure on the participation in Iran - Pakistan - India gas pipe line. Replaying to a question in the Rajya Sabha on Monday, Deora said there are some outstanding issues including finalization of the gas price with Iran.
Centre files affidavit in Reliance Gas distribution caseJuly 17th, 2009 NEW DELHI - The Union Government filed an affidavit in connection with the Reliance Gas distribution case on Friday. The Reliance Industries Limited (RIL) led by Mukesh Ambani and the Reliance Natural Resources Limited (RNRL) of Anil Ambani are at loggerheads over the ownership of gas field in the Krishna - Godavari Basin in Andhra Pradesh.
We will roll back price hike if crude prices stabilize: DeoraJuly 9th, 2009 NEW DELHI - Union Minister of Petroleum and Natural Gas Murli Deora on Thursday said that government will roll back the price hike of Rs 4 and Rs 2 a-litre on petrol and diesel respectively, if international crude oil prices stabilise between 50 to 60 dollars a barrel. "Yes, we will cut prices if crude prices stabilise for sometime between 50 and 60 dollars per barrel," Murli Deora said.
Panel to look at pricing of hydrocarbon fuelsJuly 6th, 2009 NEW DELHI - A high-powered panel on pricing of hydrocarbon fuels was announced by Finance Minister Pranab Mukherjee with crude oil prices once again surging in global markets. Mukherjee said the finer points of the panel's terms of reference will be announced by Petroleum Minister Murli Deora.
Petrol prices hiked by Rs. 4 a litre; diesel up Rs. 2July 1st, 2009 NEW DELHI - The Centre on Wednesday announced a rise in the price of petrol and diesel by Rs. 4 and Rs.2 per litre, respectively.
Central Government monitoring crude oil prices ahead of petro hike: DeoraJune 27th, 2009 PANAJI - Petroleum Minister Murli Deora on Saturday said that the UPA Government is monitoring international crude oil prices before deciding when to announce the next petroleum price hike. "Unfortunately the international crude oil prices have gone up.
Deora hints at fuel price hikeJune 16th, 2009 New Delhi, June 15(ANI): Union Petroleum Minister Murli Deora has expressed his concern over the rise in international crude oil prices and said that the government is looking at solutions to tackle the widening revenue deficit, hinting at a rise in petrol and diesel prices. "We are seriously concerned about the rise in crude oil prices.
Expedite gas pipeline construction: DeoraJune 10th, 2009 NEW DELHI - With India's gas production set to double in a few months, the construction of a pipeline network should keep pace to enable its equitable distribution, Petroleum Minister Murli Deora said Wednesday. Speaking at a meeting with Petroleum and Natural Gas Regulatory Board officials, Deora said both the ministry and the regulator should work together to expedite the construction of trunk pipelines.
Murli Deora takes charge in petroleum ministryMay 29th, 2009 NEW DELHI - Congress leader Murli Deora took charge as the union minister for petroleum and natural gas Friday morning and announced a new scheme for distribution of liquefied petroleum gas (LPG) in villages. When asked about auto fuel deregualtion, Deora told reporters that the matter was under consideration and no time frame had been set.
Murli Deora to seek Cabinet approval for market-set fuel pricesMay 29th, 2009 NEW DELHI - Petroleum and Natural Gas Minister Murli Deora on Friday said he would seek Cabinet approval for oil price deregulation in six weeks. "Decision regarding decontrol of prices is to be taken by the Cabinet," Deora told reporters in response to a question.
Deora holds talks with leaders of striking employeesJanuary 8th, 2009 NEW DELHI - Petroleum Minister Murli Deora held talks with leaders of the agitating employees of public sector oil companies late Thursday evening as petrol pumps across the nation began to run out of stocks on the second day of the strike. Deora met the leaders of the Oil Sector Officers Association, representing 45,000 PSU oil officers, at the Indian Oil office in Noida.
Oil prices may be cut in two weeks: DeoraJanuary 6th, 2009 NEW DELHI - Petroleum Minister Murli Deora Wednesday said the government may slash fuel prices further in 'two to three weeks'. The government had earlier lowered the petrol price by Rs.5 and diesel by Rs.2 per litre in the first week of December 2008.
Cooking gas, petrol prices to be cut shortly: DeoraDecember 28th, 2008 KOCHI - Prices of liquefied petroleum gas (LPG) and other petroleum products would go down shortly, Minister for Petroleum and Natural Gas Murli Deora said here Monday. Speaking at a function to honour Hybee Eden, the newly elected president of the National Students Union, the students wing of the Congress party, at KOchi, Deora said the central government was seriously considering further cut in the prices of petroleum products.