India’s gasoline demand contracted by an enormous 9.1 per cent within the monetary yr ended March 31, the primary in additional than twenty years, as a stringent lockdown imposed to curb the unfold of the pandemic pummelled financial exercise, authorities knowledge confirmed.
India consumed 194.63 million tonnes of petroleum merchandise in 2020-21 as in contrast with 214.12 million tonnes demand within the earlier yr, in response to the most recent knowledge launched by the oil ministry’s Petroleum Planning and Analysis Cell (PPAC).
This the primary time that the gasoline consumption has contracted since 1998-99, probably the most historic yr for which authorities knowledge is on the market. The demand contraction was led by diesel, the most-consumed gasoline within the nation.
Diesel consumption fell
12 per cent to 72.72 million tonnes whereas petrol demand shrank 6.7 per cent to 27.95 million tonnes.
Related Posts
Add A Comment