Thursday, October 18, 2007

Oil regulator for freeing airport facilities from PSU hold

New Delhi: Oil regulator PNGRB has asked for freeing of aviation fuelling facilities at airports from public sector stranglehold by allowing use of existing infrastructure by all players including private companies.
Petroleum and Natural Gas Regulatory Board chairman L Mansingh has written to Civil Aviation Secretary Ashok Chawla for bringing aviation fuelling infrastructure under common carrier or open access principles to allow usage of facilities of IOC, BPCL and HPCL by new entrants like Reliance and Essar.
"The Board is examining re-organising the logistics for supply of aviation fuel to ensure that no supplier has a stranglehold on any portion of the infrastructure that would hinder the emergence of competition," he said in his October 10 letter.
The PNGRB Act provides for common carrier principle only for oil, gas pipelines and city gas distribution networks.
17/10/07 PTI/Economic Times
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