{"id":401677,"date":"2021-02-23T11:15:57","date_gmt":"2021-02-23T05:45:57","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=401677"},"modified":"2021-02-23T11:16:04","modified_gmt":"2021-02-23T05:46:04","slug":"air-india-owes-%e2%82%b93000-crore-in-fuel-dues-to-three-major-oil-companies","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/air-india-owes-%e2%82%b93000-crore-in-fuel-dues-to-three-major-oil-companies\/","title":{"rendered":"Air India owes \u20b93,000 crore in fuel dues to three major oil companies"},"content":{"rendered":"<p>Mumbai\/New Delhi: Air India Ltd owes nearly \u20b93,000 crore in jet fuel dues to three state-run oil marketing companies, with payments in some cases delayed by several months, said two people with direct knowledge of the matter requesting anonymity.<\/p>\n<p>The divestment-bound national carrier owes about \u20b92,000 crore to Indian Oil Corp. Ltd (IOC), and a total of about \u20b91,000 crore to Bharat Petroleum Corp. Ltd (BPCL) and Hindustan Petroleum Corp. Ltd (HPCL), said one of the two people cited above and who is also a senior official with a state-run oil marketing company (OMC).<\/p>\n<p>\u201cWe have however, been supplying fuel non-stop to the national carrier even during the pandemic,&#8221; the official said, adding that the OMCs have written to Air India to clear the dues amid rising global crude prices that has increased the cost of operations at state-run refiners.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai\/New Delhi: Air India Ltd owes nearly \u20b93,000 crore in jet fuel dues to three state-run oil marketing companies, with payments in some cases delayed by several months, said two people with direct knowledge of the matter requesting anonymity. The divestment-bound national carrier owes about \u20b92,000 crore to Indian Oil Corp. Ltd (IOC), and a total of about \u20b91,000 crore to Bharat Petroleum Corp. Ltd (BPCL) and Hindustan Petroleum Corp. Ltd (HPCL), said one of the two people cited above and who is also a senior official with a state-run oil marketing company (OMC). \u201cWe have however, been supplying fuel [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-401677","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/401677","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=401677"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/401677\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=401677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=401677"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=401677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}