IOCL, Nayara Dominate Rural India as Fuel Retail Network Crosses 1.02 Lakh Pumps

State-run IOCL and Rosneft-backed Nayara together control over one-third of India’s fuel outlets, leading rural and semi-urban transport fuel distribution.

The state-run Indian Oil Corporation (IOCL) and Rosneft-backed Nayara Energy are the only two oil marketing companies (OMCs) in India with a significant rural presence; together, they account for over one-third of the country's entire transport fuel retailing network within the India petrol pump network, making them among the leading petrol pump companies in India.

There are currently One hundred thousand two hundred and sixty-six retail outlets (ROs), or petrol pumps, in the country, of which 28,803 or around 28 percent, serve villages. Every day, around six crore people visit these fueling stations, using an average of five million barrels per day (mb/d), closely tracking trends in india petrol pump price across regions.

With more than 41,000 fuel retailing stations, nearly thirty-three percent of which are located in rural areas, IOCL boasts the largest RO network in India. With 6,921 ROs, nearly 31 percent of which serve small towns and villages, Nayara Energy makes up nearly seven percent of all fuel retailing stations in India.

Mangalore Refinery and Petrochemicals (MRPL), an ONGC subsidiary that mostly serves Kerala and Karnataka, has 56 ROs in rural areas, making up 28.28 percent of its around 190 outlets. The PSU currently intends to provide services to Telangana, Andhra Pradesh and Tamil Nadu.

Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL), the nation's second and third OMCs with the largest RO network in India’s petrol pump network, have a slightly lower rural presence than the national share. HPCL's village network makes up 25.40 percent of its 24,418 petrol pumps, while BPCL has around 24,605 ROs with a rural combination of 26.55 percent.