Oil Cos publicize guidelines


Srinagar, Nov 6: In a bid to provide respite to Valleyites who are facing lot of inconvenience due to new LPG policy that came into effect on September 14, 2012, oil companies operating here have come up with advertisements in different newspapers for creating awareness among the masses about the new arrangement.
The companies are informing and educating consumers about the new LPG policy and what are the ‘dos and don’ts.’ Haroon Ahmad Kar, Senior Sales Officer of Hindustan Petroleum Corporation Limited (HPCL) told Greater Kashmir that oil companies have launched a media campaign so that common people are informed what the new LPG policy is and what are the formalities that they have to go through.
Informing about the policy, Kar said number of subsidized cylinders for a consumer has been restricted to six a year. After consuming six cylinders per financial year, consumers can avail LPG cylinders at non-subsidized rates, whose price will be fixed by oil companies keeping in view the crude oil prices in international market.
However, Kar said that from September 14 to March 31, 2013, LPG consumers are eligible for only 3 subsidized cylinders. Supply of non-subsidized cylinders will start after the entitlement of subsidized cylinders is exhausted.

According to oil companies, consumers can get domestic connection for LPG at subsidized rate. For that, consumers must not already be in possession of LPG connection from any of the oil companies.
“For new connection, consumers have to submit Know Your Consumer (KYC) information, including proof of identity and proof of address,” Kar said adding that for instant new domestic connection consumers have to pay non-subsidized rate till KYC/ de-duplication is completed.

For consumers having multiple domestic connections which are currently blocked or will get blocked due to non-compliance of KYC norms, they have to fulfill KYC formalities and de-duplication required to re-commence subsidized entitlement.

Kar said that consumers can transfer LPG connections to their family members or legal heirs. However the transferee should not be in possession of LPG connection from any of the oil companies.

If a connection is in someone else’s name but with original documents, the consumer have to submit letter of consent from the original customer and undertaking or indemnity bond along with KYC information along with proof of identity and proof of address.
In case of consumer having equipment without the document, he/she has to fulfill the KYC formalities and pay security deposit for cylinders and other equipments.
To mention, Union Oil Ministry recently extended the last date for submission of KYC forms till November 15.

Lastupdate on : Tue, 6 Nov 2012 21:30:00 Makkah time
Lastupdate on : Tue, 6 Nov 2012 18:30:00 GMT
Lastupdate on : Wed, 7 Nov 2012 00:00:00 IST

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