Private oil companies grab bigger share of aviation fuel market
State-run refiners have traditionally dominated India’s aviation turbine fuel business. Private players have, however, gained ground in a decade, aided by open access at airports. Reliance and its JV with BP supply jet fuel at about 30 airports now and serve most of the domestic airlines. Shell’s JV sources jet fuel from MRPL’s Mangaluru refinery to supply airports in South India.
Private players are grabbing a larger share of India’s growing aviation fuel business as they expand their supply networks and stitch more deals with airlines.] Reliance-BP and Shell-MRPL, the two private sector joint ventures, expanded their market share to 9% in February from 5.5% in the same month last year. Their share was 6% in February 2022.