Very well written article, and a fresh perspective to start a day with! To avoid misquotations and miscalculations, it is advisable you conduct feasibility research and work on your business plan alongside a business consultant or a consultant specialized in the oil and gas sector.
It is meant to move intransigent employers. The elusive agreement was not materially different from what the workers had previously rejected.
Now using Nigeria as a reference point and case study, there are about five regulatory bodies you may have to deal with in the quest to obtain your license, commence full operation and get regular supplies. Now when planning for your gas station, you need to consider some costs such as: This step will help you avoid some bottle-necks and mistakes; and invariably increase your chances of success.
If the cruise terminal comes up, VPT can become an international cruise hub.
Through deputy chairman Zimisele Majamane the NPEA ruled out a one-year deal as a short-term agreement would cause detailed business plan petrol pump strike as annual wage negotiations would be disruptive. A Commission on Conciliation, Mediation and Arbitration conciliation process commenced on Friday last week and within days the parties had agreed on a deal.
Your gas station business plan should contain everything about your proposed business such as the cost of the project, financial projections, risk sensitivity analysis, possible problems that might be encountered and how to deal with them, your management strategy, your marketing plan, mission and vision statementexecutive summaryyour personal profile and biography, etc.
A gas station is location-driven. There is no definite amount for starting this business as the cost may vary due to factors such as location, size of station, number of fuel pumps, type of extra services offered.
Then I advice you read on. Ali Aftab Sial, who follows petrol prices trends, told Dawn fuel station licenses were issued to OMCs by the government with fuel selling rights but station owners operated on their own, so Ogra had nothing to do with them.
However, there are a few ways you can distinguish your fuel station. Food retailing is now provided by several gas stations, it is the main big trend in Gas Retail for So before investing a dime to erect a fuel station, it is important that you conduct a critical research.
They will be responsible for hauling products for you from the depots and ensuring you have a steady supply of petroleum products. PS - I dont know any fuel pump owners to get such detailed info, but I do know some within a larger circle - and I dont see them struggling to maintain their wealth.
The workers wanted a 9 percent increase while NPEA offered a 7 percent increase in the first year and an increase linked to the April CPI consumer price index plus 1. As per policies, OMCs are to provide fuel at pumps but in reality, the transportation cost is being paid by consumers.
Conduct feasibility study Success in this business is hugely dependent of adequate fore-planning and preparedness. I feel the tone of the articles says there is a lot more wrong in the system that just greedy fuel pump owners Only that it deviates at the end, by asking us not to fight with the pump owners.
Muhammad Riaz, of Station Chowk, told Dawn he found out about the reduction in fuel prices through the media but he was charged Rs Those with long memories will remember the fuel shortages that resulted in shortages of jet fuel at Cape Town International Airport.
The reason I say this is because the petroleum industry is strictly regulated, filled with lots of bureaucratic processes, very capital intensive and risky. So a talk of a strike action in the petroleum value chain elicits those memories of dry service stations, cancelled flights and absolute chaos.
We can also provide a similar facility at our port and our draft will also be around 14 metres and we can easily accommodate cruise vessels carrying about passengers. The Visakhapatnam Port Trust VPT has initiated steps to prepare a detailed project report DPR to identify facilities required for development of a cruise terminal at its inner harbour.8.
Do you have business / selling experience? If yes give full details: Please attach a separate sheet giving your detailed plans to run the dealership. Land Details Ownership is by the applicant / multiple ownership (strike out whichever is not.
Dawn learned that because of the strike threat by petrol pump station owners, the district administration avoid conducting surveys of price lists displayed at various petrol pumps. Times of India brings the Latest News & Top Breaking headlines on Politics and Current Affairs in India & around the World, Sports, Business, Bollywood News and Entertainment, Science, Technology, Health & Fitness news, Cricket & opinions from leading columnists.
May 30, · The Petrol Pump Story - How Petrol Pumps Operate The Petrol Pump Story - How Petrol Pumps Operate Detailed discussions with dealers have brought out some facts. At the end of the day, the petrol pump business, even without indulging in shortchanging customers.
VPT aims to develop a cruise terminal The consultant will provide a detailed business plan with traffic potential, designs and estimated costs involved for. The Fuel Retailer Association Of Southern Africa (FRA) is a registered employers organization under the provisions of the Labour Relations Act, 66 ofDownload