Channel Checks On Gas Demand, CGD Trends: Nirmal Bang
Valve wheels sit on pipework at underground gas storage site. (Photographer Vincent Mundy/Bloomberg)

Channel Checks On Gas Demand, CGD Trends: Nirmal Bang

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Nirmal Bang Report

Indian gas demand sustained growth across segments in October 2020.

According to Petroleum Planning and Analysis Cell’s October 20 gas monthly, gas availability grew by 5.2% YoY to 166 million metric standard cubic meter per day.

Supply of domestic gas was down 9.7% YoY. Gas consumption was up 11.7% month-on-month at 160.55 mmscmd.

All segments, barring petchem (99% of normal) surpassed normal demand (based on January 2020 trend).

Click on the attachment to read the full report:

Nirmal Bang Oil and Gas Sector Update -15 December 2020.pdf


This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.