Marketing of Oil And Natural Gas in India

Certain set of guidelines have been laid down by the government of India for the purpose of marketing of oil and natural gas in India. These guidelines for marketing oil and natural gas in India need to be followed by the public sector oil marketing companies.

The Oil Marketing Companies (OMCs) follow while carrying out the procedure of selecting dealer or distributors of petroleum products which include natural gas also obey all the guidelines while carrying out marketing of oil and natural gas in India.

Let us take a look at the marketing guidelines for one of the major section of the entire filed of marketing of oil and natural gas in India, which is quite vast. Presented below is the gist of the guidelines for marketing oil and natural gas in India which needs to be followed by the OMCs while carrying out the selection of dealers or distributors for petroleum products:

The government has directed the Oil Marketing Companies on parameters such as reservation for economically weaker sections of society, multiple dealership norms and above all to adopt fair and transparent selection criteria.

The guidelines for marketing oil and natural gas in India followed by Oil Marketing Companies are as:

Fifty percent reservation of getting dealership of petroleum products has been granted for special categories which comprises of Schedule Castes/ Schedule Tribes, Defense Categories, Physically Handicapped, Freedom Fighters, Outstanding Sports Persons, Para-military/ Police/ Government Personnel. Out of these categories mentioned above, a further reservation of 1/3rd dealership is provided to the women belonging that category.

The advertisements about different locations are given by the oil marketing companies in premier local newspapers of the area and sufficient time period is provided to the applicant to collect and submit back the completed forms.

The received applications are scrutinized properly and the applicants are called for interview. Letter of intent is issued to the candidate finalized on the bases of merit and various other things.

It is important to note that the guidelines for marketing oil and natural gas in India has clearly mention that only a single dealership can be awarded to a family comprising of applicant, his/her daughter or son.

There are also guidelines for marketing of oil and natural gas in India for grievance redressel system.