- A government-appointed regulator will set the norms for the free marketing regime.
- Both public sector and private companies would market petrol, diesel and CNG from their respective outlets.
- Prices of the end-product will be controlled by a consortium of all marketing companies on a month-to-month basis.
- Marketing companies would be free to set up their outlets almost anywhere in the country.
- Within three years, the government will slash subsidies on both LPG and kerosene sold through the public distribution system (PDS).
- Fluctuations in the prices of international crude and gas will not affect the domestic consumer.
- Should they desire, private players will have to be accommodated by state-owned oil and gas companies in their pipelines.
- There are chances of higher prices of petroproducts in states far from the coast.
What Will Happen In Post-APM Era
Getting your Trinity Audio player ready...