India’s LPG consumption drops for the first time in 5 years


India’s LPG consumption drops for the first time in 5 years

India’s monthly petroleum products consumption dropped 1.7 per cent to 17,273 in November primarily due to a decline in usage of Liquefied Petroleum Gas (LPG), Diesel, Kerosene and Petcoke, fresh data released by the oil ministry’s statistical arm showed.

LPG consumption, which had been recording growth for 62 straight months, declined for the first time in November. It dropped 7.34 per cent to 1,842 tonne during the month as compared to 1,988 tonne recorded in November 2017, data from Petroleum Planning and Analysis Cell (PPAC) showed.

Consumption of cooking gas has been buoyant over the past few years mainly due to increased LPG penetration under Pradhan Mantri Ujjwala Yojana (PMUY).

According to the latest figures available on the PMUY website, state-owned Oil Marketing Companies (OMCs) have distributed 5.84 crore LPG connections under the scheme. Read more

Leave a Reply

Your email address will not be published.