NT Reporter
Panaji
After assuring Goan consumers of adequate fuel stocks, oil marketing companies (OMCs) have called for the formation of special squads to strictly enforce the Essential Commodities (EC) Act to ensure uninterrupted supply of petrol and diesel to retail consumers in the state.
OMCs said on Monday that the rise in fuel demand in Goa by an average of 10.6 per cent in May is unusual and significantly higher than normal sales recorded by fuel stations. The three public sector oil companies attributed the surge to bulk consumers purchasing fuel from retail outlets.
They urged the state government to form special squads to take action against bulk consumers, hoarders, black marketers and unauthorised buyers who are allegedly diverting supplies meant for retail customers.
Stating that petroleum products fall under the provisions of the Essential Commodities Act, OMCs said the government’s intervention is necessary to prevent misuse and maintain smooth supply. They also appealed to industry associations to advise their members to procure diesel only through authorised channels.
The companies reiterated that petrol, diesel and LPG stocks remain adequate in Goa and are being replenished regularly through their distribution networks. Consumers have been advised to continue normal purchasing behaviour and avoid panic buying.
Goa’s petrol demand rose by an average of 8 per cent in May, while diesel demand increased by 13.3 per cent. The spike came during a month that saw four fuel price hikes, amounting to a total increase of Rs 7.50 per litre. Demand for both petrol and diesel was reported to be higher in South Goa compared to North Goa.
Petrol is currently retailing at Rs 103.94 per litre in Goa, while diesel is priced at Rs 95.83 per litre.
Goa has around 146 petrol pumps operated by the three OMCs — Indian Oil Corporation (IOC), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL).
