The Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas has reviewed international prices of crude oil and petroleum products for the month of February 2017. In the case of PDS Kerosene, the under-recoveries with effect from March 1, 2017 will be Rs 13.50 per litre (Rs 13.33 per litre in last month). The cash transfer to customer under DBTL will be Rs. 302.57, out of which Rs. 270.16 will be Cash Compensation on Domestic LPG by Govt. to consumers & Rs 32.41 will be the Cash compensation on Domestic LPG by OMCs towards ‘Uncompensated Costs’ to consumers.
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