The import and sale of kerosene in the parallel market doubled during 2002-03. However, the import and sale of liquefied petroleum gas (LPG) remained static during the year.
The parallel marketing system for kerosene and LPG was introduced in April 1993 after the decanalisation of import of the two petroleum products.
It was meant to facilitate their import and marketing by private players at market-related prices.
Kerosene imported and sold by the parallel marketing system almost doubled to 633,600 tonnes in April-January 2002-03 from 317,900 tonnes in 2001-02, riding the growing demand for kerosene in the industrial sector. It indicates that the system is progressing well as far as kerosene is concerned.
However, LPG imported and sold by this system rose to 418,000 tonnes in April-January 2002-03 from 338,700 tonnes in the previous year
