The recent petrol shortage in Hyderabad has resulted in significant panic buying, leading to long queues at petrol pumps across the city. Despite the Telangana government’s assurances that there is no fuel shortage, several petrol stations have run out of fuel, displaying ‘no stock’ signs.

Reports indicate that some petrol stations have begun rationing fuel sales, limiting purchases to between 150 and 200 litres for two-wheelers. This situation has arisen amidst an estimated daily consumption of 35 lakh litres of petrol in Telangana.

The panic buying was reportedly triggered by rumors circulating on social media about a fuel shortage, prompting many residents to rush to petrol stations. A local resident, A Narendra, mentioned, “I came here after seeing posts about a fuel shortage on social media.” Meanwhile, another individual, Sai Kumar, expressed frustration, stating, “Hundreds of vehicles are here for filling. I am here from almost 25 minutes.”

In response to the situation, Stephan Reveendra, IPS, Commissioner of the Civil Supplies Department, urged the public not to engage in panic buying, emphasizing that the fuel supply mechanism is functioning normally. However, oil companies did not supply fuel over the weekend due to holidays, contributing to the temporary stock issues reported at petrol stations in areas like Bahadurpura and Mir Alam.

There are approximately 3,600 petrol pumps across Telangana, with 900 to 1,000 located in the Greater Hyderabad Municipal Corporation (GHMC) region. Normally, each pump sells between 10,000 to 12,000 litres of petrol daily. However, on days of panic buying, some pumps reported sales of up to 13,000 litres by 6 PM.

Marri Amarender Reddy, president of the Telangana Petroleum Dealers Association, criticized the sudden rules and restrictions imposed by oil companies, stating, “When the situation is not right, the oil companies should not impose sudden rules and restrictions that directly affect the common citizens.”

Details remain unconfirmed regarding the exact reason for the sudden surge in demand for petrol, and the timeline for when normal fuel supply will resume is uncertain. The Civil Supplies department continues to monitor the situation closely.

The post Petrol Shortage in Hyderabad appeared first on newscri.

The panic buying of petrol in Ahmedabad has emerged as a significant concern, with long queues forming at fuel stations across the city. This situation has been exacerbated by misinformation regarding a potential fuel shortage, which has spread rapidly through social media platforms. Observers note that the ongoing conflict in West Asia has raised global concerns about oil supply, contributing to the heightened anxiety among consumers.

In response to the situation, the state government has reassured the public that there is sufficient stock of petrol and diesel available in Gujarat. Deputy Chief Minister Harsh Sanghavi emphasized that residents need not panic, stating, “There is enough stock of petrol and diesel available in the state and so people need not do hoarding or panic.” This statement aims to quell fears and encourage calm among the populace.

Despite the government’s assurances, approximately 30-40% of retail outlets in Gujarat are reportedly facing supply issues due to logistics difficulties. The Indian Oil Corporation has confirmed that adequate stock is available, and fuel retailers have indicated that India maintains a 70-day reserve of crude oil, suggesting that there is no immediate shortage. Sujata Sharma, a spokesperson for the Indian Oil Corporation, stated, “These are not dry outs. We have checked it from the field and all petrol pumps are working normally and adequate fuel is available at all such facilities.”

The panic was reportedly triggered by a sudden change in payment systems implemented by oil marketing companies, which has led to confusion among consumers. This change was introduced to address the refining losses faced by these companies, which have seen the price of crude oil rise significantly from USD 60 to USD 118-120 per barrel due to the conflict in West Asia.

As the situation unfolds, the government is closely monitoring the fuel supply and holding regular review meetings to ensure that the distribution remains stable. Harsh Sanghavi reiterated the government’s commitment, stating, “The government is fully prepared to ensure that petrol and diesel are available at all pumps.” This proactive approach aims to prevent further panic and ensure that residents have access to fuel without disruption.

In light of the current circumstances, officials are urging the public to disregard rumors circulating on social media. Harsh Sanghavi advised, “People should not pay attention to rumours being spread through social media or WhatsApp.” This call for calm is crucial as the government works to stabilize the situation and restore public confidence in the fuel supply chain.

While the panic buying has led to temporary shutdowns of several petrol pumps in Ahmedabad, the overall sentiment from officials is one of reassurance. They emphasize that the supply chain is being managed effectively and that residents should not succumb to panic. As the situation develops, the focus remains on ensuring that adequate fuel supplies are maintained across the region.

The post Petrol Shortage in Ahmedabad: Understanding the Current Situation appeared first on newscri.