Pradhan urges Rosneft to enhance presence in fuel retail sector

Last Updated: Wed, Oct 17, 2018 11:18 hrs
India's Oil Minister Dharmendra Pradhan speaks at a road show organised by the Directorate General of Hydrocarbon in Mumbai

New Delhi: Union Minister for Petroleum and Natural Gas Dharmendra Pradhan on Tuesday urged Russian energy company Rosneft to enhance its presence in the Indian fuel retailing sector.

"Met Global Head of Downstream and Member of Management Board @RosneftEN, Didier Casimiro on the sidelines of #IndiaEnergyForum. Urged Rosneft to enhance their presence in the Indian fuel retailing sector. Last year Russia had made its largest FDI in Oil and Gas sector in India," Pradhan wrote on Twitter.

"Rosneft is also partnering with Indian OMCs in Russian projects such as Sakhalin-1, Vankorneft and Taas-Yuryakh. Explored further enhancing Indian presence in Russian Oil and Gas fields, also invited them to invest in India's Gas infrastructure," he added.

Pradhan, meanwhile, also met Neil Saunders, president and Chief Executive Officer of oilfield equipment for Baker Hughes, a GE company (BHGE), on the sidelines of second India Energy Forum.

During the meet, he urged Saunders to take advantage of the investor-friendly regime, policy reforms and the 'Make In India' initiative to further increase their presence in India's hydrocarbon market. Pradhan also asked the company to invest and partner in India's skill development ecosystem.

"Met Neil Saunders, President & CEO, Oilfield Equipment of @BHGECO on the sidelines of 2nd #IndiaEnergyForum. GE Oil & Gas is already deeply involved in all the three segments-Upstream, Midstream & Downstream segments of Oil & Gas in India," Pradhan tweeted.

"Urged Saunders to take advantage of the investor-friendly regime, policy reforms & the #MakeInIndia initiative to further increase their presence in India's hydrocarbon market. Also urged them to invest & partner in India's skill development ecosystem," he wrote.

State Capitals (Applicable from 6:00 a.m. on 17-10-2018) Petrol Current Price(Per Lt) Petrol Previous Price(Per Lt) Change(Rs)
Petrol price in DelhiRs.82.83 Rs.82.72 0.11
Petrol price in KolkataRs.84.65 Rs.84.54 0.11
Petrol price in MumbaiRs.88.29 Rs.88.18 0.11
Petrol price in ChennaiRs.86.10 Rs.85.99 0.11
Petrol price in FaridabadRs.81.79 Rs.81.59 0.20
Petrol price in GurgaonRs.81.49 Rs.81.24 0.25
Petrol price in NoidaRs.80.47 Rs.80.25 0.22
Petrol price in GhaziabadRs.80.01 Rs.80.06 -0.05
Petrol price in AgartalaRs.78.96 Rs.78.85 0.11
Petrol price in AizwalRs.78.94 Rs.78.84 0.10
Petrol price in AmbalaRs.81.12 Rs.81.01 0.11
Petrol price in BangaloreRs.83.49 Rs.83.37 0.12
Petrol price in BhopalRs.85.97 Rs.85.93 0.04
Petrol price in BhubhaneswarRs.81.80 Rs.81.64 0.16
Petrol price in ChandigarhRs.78.20 Rs.78.10 0.10
Petrol price in DehradunRs.80.35 Rs.80.12 0.23
Petrol price in GandhinagarRs.79.94 Rs.79.99 -0.05
Petrol price in GangtokRs.85.95 Rs.85.85 0.10
Petrol price in GuwahatiRs.82.91 Rs.82.65 0.26
Petrol price in HyderabadRs.87.81 Rs.87.70 0.11
Petrol price in ImphalRs.78.43 Rs.78.33 0.10
Petrol price in ItanagarRs.75.89 Rs.75.52 0.37
Petrol price in JaipurRs.83.55 Rs.83.16 0.39
Petrol price in JammuRs.81.92 Rs.82.00 -0.08
Petrol price in JalandharRs.88.25 Rs.88.23 0.02
Petrol price in KohimaRs.79.21 Rs.79.10 0.11
Petrol price in LucknowRs.80.20 Rs.80.14 0.06
Petrol price in PanjimRs.73.97 Rs.73.87 0.10
Petrol price in PatnaRs.86.38 Rs.86.39 -0.01
Petrol price in Port BlairRs.71.25 Rs.71.16 0.09
Petrol price in RaipurRs.80.66 Rs.80.62 0.04
Petrol price in RanchiRs.78.95 Rs.78.87 0.08
Petrol price in ShillongRs.79.89 Rs.79.79 0.10
Petrol price in ShimlaRs.81.28 Rs.81.53 -0.25
Petrol price in SrinagarRs.84.73 Rs.84.62 0.11
Petrol price in TrivandrumRs.86.19 Rs.85.80 0.39
Petrol price in SilvassaRs.80.52 Rs.80.56 -0.04
Petrol price in DamanRs.80.53 Rs.80.48 0.05
Petrol price in PondicherryRs.81.54 Rs.81.49 0.05

Source for prices: Indian Oil Corporation