June 26, 2020 / 10:18 AM / 6 days ago

BRIEF-India Oil Minister Says India To Gradually End Govt Control On Gas Pricing

June 26 (Reuters) - India oil minister Dharmendra Pradhan:

* SAYS INDIA’S FUEL DEMAND AT 85% OF JUNE 2019 LEVELS

* SAYS BY END OF Q2, FUEL DEMAND WILL BE AS USUAL

* SAYS INDIA’S FUEL DEMAND EXCEPT JET FUEL WILL RECOVER TO NORMAL LEVEL BY SEPT-OCT

* SAYS INDIA’S REFINING CAPACITY SET TO RISE TO 439 MTPA BY 2030, 533 MTPA BY 2040

* SAYS INDIA TO GO AHEAD WITH PRIVATIZATION OF BPCL

* SAYS INDIA WILL GRADUALLY MAKE GAS PRICES LINKED TO MARKET FORCES Further company coverage:

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