Moneycontrol
HomeNewsBusinessReliance seeks access to ATF pipelines, storages of PSU oil firms

Reliance seeks access to ATF pipelines, storages of PSU oil firms

The firm made the suggestion in its comments to oil regulator PNGRB’s draft regulation calling for supply of ATF in all existing and future airports through pipelines that can be accessed by any supplier so as to bring in competition and cut fuel cost.

May 19, 2024 / 10:52 IST
Story continues below Advertisement
ATF demand in India is growing in double digits as more people fly. It rose by 11.8 per cent in the fiscal year ended March 31, 2024.

Reliance Industries Ltd has sought access to pipelines and storages that public sector oil companies have built over the years for supplying jet fuel (ATF) from depots and oil refineries to airports, as it looks for a larger pie of fuel trade at some of Asia’s busiest airports.

The firm made the suggestion in its comments to oil regulator PNGRB’s draft regulation calling for supply of ATF in all existing and future airports through pipelines that can be accessed by any supplier so as to bring in competition and cut fuel cost.

Story continues below Advertisement

While the fuel market is open, airplanes at the country’s busiest airports are fed by pipelines that were built by state-owned Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) over decades.

Reliance, which has been for more than a decade now seeking access to pipelines that supply ATF to airports especially at Mumbai, stated that ”the common carrier pipeline scope (which gives third parties access to pipelines built by PSUs) should encompass the associated storage facilities and pumping stations at the ’off-site’ oil terminal facilities as they form an integral part of the ATF supply chain.”