Based on Petroleum Act, 1934, Diesel oil (>35 degrees Centigrade) comes under “Petroleum Class B” means diesel having flash point of twenty-three degrees centigrade and above but below sixty-five degrees centigrade).
According to Section 7 of Petroleum Act, 1934 No license needed for transport or storage of petroleum Class B products if the total quantity in his/her possession at any one place does not exceed two thousand and five hundred liters and none of it is contained in a receptacle (storage tank) exceeding one thousand liters in capacity.
So, if at one place storage of diesel exceeds 2500 liters or storage tank capacity exceeds 1000 liters required storage license from PESO.
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