Business Standard

After APM dismantling, oil pool account dons new avatar

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Pradeep Puri New Delhi
 The formula worked out by the government to distribute the burden of under-recoveries on the sale of subsidised kerosene and liquefied petroleum gas (LPG) among both upstream and downstream oil companies has given the oil pool account legitimacy.

 In its new incarnation, the oil pool account

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First Published: Nov 05 2003 | 12:00 AM IST

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