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Fuel Demand India: Total consumption, a proxy for oil demand, totalled 20.04 million tonnes in January, up from 18.51 million tonnes last year, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.
Fuel Demand India: Total consumption, a proxy for oil demand, totalled 20.04 million tonnes in January, up from 18.51 million tonnes last year, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.
Petrol consumption rose 9.3% in January, while diesel consumption increased by 3.1%. Sales of petrol and diesel in the April-January period were up by 6.1% and 4.3% respectively. Private sector market share gains were indicated as state refiners sold 8% more petrol and 1.8% less diesel. Jet fuel sales rose 6.2% in January, and cooking gas consumption expanded by 6.9%. Petrol sales account for 15% of total refined products demand, while diesel makes up 38%.
Petrol consumption rose 9.3% in January, while diesel consumption increased by 3.1%. Sales of petrol and diesel in the April-January period were up by 6.1% and 4.3% respectively. Private sector market share gains were indicated as state refiners sold 8% more petrol and 1.8% less diesel. Jet fuel sales rose 6.2% in January, and cooking gas consumption expanded by 6.9%. Petrol sales account for 15% of total refined products demand, while diesel makes up 38%.
Ppac: The report also highlighted a 12.8% year-on-year growth in imported Liquefied Natural Gas (LNG), amounting to 2,410 MMSCM, indicating the country's escalating demand for cleaner fuel alternatives.