Updated: Friday, May 27, 2022, 9:12 [IST]
Bangalore, May 27; KarnatakaPetrol bunk owners will protest on May 31 by stopping oil purchases. Therefore, motorists are expecting a change in petrol and diesel supply on Monday.
All Karnataka Petroleum Merchants Consortium has informed about this in a press release. Owners have expressed outrage over the fact that there is no stockpile in front of bunkers as oil is not supplied as per the requirement.
Petrol bunk owners are in trouble due to the failure of the management of BPCL and HPCL companies. Owners are protesting to stop oil purchases, demanding the supply of oil as needed.
If the petrol bunk owner stops buying oil, there will be no stock on the petrol bunkers. Therefore, there is expected to be a change in the supply of petrol and diesel on Monday 31st May.
Bunk owners receiving petrol and diesel from government oil companies are protesting to stop buying oil. But the private bunkers will function as usual. In the event of an urgent need, people will have to rely on private bunk.
There is not enough supply on demand
Vice President of All Karnataka Petroleum Merchants Association Taranath said, “Transport companies have got into trouble for not paying for the diesel they bought. The effect is being imposed on the general distributor.
Bank transactions slow
Previously, there was a refueling system for fuel and trading the next day. You have to pay in advance. Dealers are getting into trouble if bank transactions slow. Petrol bunk owners have complained that the demand for oil has not been met despite demand for credit. BPCL and HPCL have expressed outrage over the management.
Must be sold at a lower rate
The government will raise the price of oil in paise. But once you get Rs. The decrease is done. If the oil was purchased and sold at a lower price the next day, it would lose 3 to 30 lakhs per distributor. Bunk owners are outraged that this has hurt the general dealer.
Private petrol bunkers Shell and Naira have made it clear that they will not join the protest on May 31.
Maintenance costs are increasing
Compared to 2017, oil prices are now up. But the appeal to the central and state government to increase the commission has not been answered. The salaries of bunk staff must be revised every year. Maintenance costs are increasing due to other costs, including infrastructure. Petrol bunk owners have said they are protesting on May 31 on oil purchases.
English summary
All Karnataka Petroleum Dealer’s Association industry body of petrol pump owners have called for a strike on May 31st 2022. Owners will stop buying petrol.
