REFINERY NEWS ROUNDUP: India’s gasoline use rises, falls elsewhere in Asia-Pacific
India’s consumption of gasoline in June saw the highest month-on-month increase in a year as a decline in COVID-19 cases and the easing of lockdown measures boosted driving activity.
Some states, such as the western state of Maharashtra, eased restrictions early June.
Indian gasoline demand totaled 2.41 million mt in June, up 21% from May, data from the Petroleum Planning and Analysis Cell showed. In May, gasoline demand hit a one-year low.
However, a new wave of coronavirus infections in Indonesia has dented the demand outlook for Asian gasoline, with participants anticipating a further decline in import demand as driving activity slows. The country, moreover, has already expanded its strict lockdown measures, with Bali, Java and the heavily populated cities in Sumatra having been placed under a lockdown since early July.
Maire Tecnimont Group Expands Its Footprint In India With An USD 170 Million EPCC Contract By IOCL
chemicalonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chemicalonline.com Daily Mail and Mail on Sunday newspapers.
Collaboration of Ducon and an EPC Organisation emerges as L-1 for 2 x 195 MW NTPC FGD package
equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.