Reliance Industries forays into LPG retailing – Feedback

Reliance Industries, operator of the world’s biggest oil-refining complex, has forayed into cooking gas retailing, launching a 4-kg LPG cylinder on pilot basis.”Four-kg LPG cylinder launched in 4 districts on pilot basis,” RIL said in an investor presentation on second-quarter earnings.

LPG consumption is growing by over 10 per cent and private refiners RIL and Essar Oil want a pie of it.
Currently, public sector retailers Indian Oil, Bharat Petroleum and Hindustan Petroleum control retail LPG market, selling cooking gas in 5-kg, 14.2-kg and 19-kg cylinders. They sell 12 cylinders of 14.2-kg or 34 bottles of 5-kg per year to households on subsidised rates and any requirement above that on market price. The 19-kg cylinder is for commercial use.

http://www.businesstoday.in/current/corporate/reliance-industries-forays-into-lpg-retailing/story/238864.html

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