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Domestic Natural Gas Production, Imports, Consumption During April-November; Outlook For 2021: Care Ratings

Domestic Natural Gas Production, Imports, Consumption During April-November; Outlook For 2021: Care Ratings

A liquefied natural gas tank stands behind gas transit lines. (Photographer: Tomohiro Ohsumi/Bloomberg)
A liquefied natural gas tank stands behind gas transit lines. (Photographer: Tomohiro Ohsumi/Bloomberg)

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Care Ratings Report

Domestic natural gas production has declined sharply by 11.8% during eight month-FY21 compared with the 2.6% fall registered during eight month-FY20.

Cumulative fall in production is mainly due to restricted gas off take by consumers due to the on-going Covid-19 situation. Consumption of natural gas fell by 5.6% on a YoY basis during eight month-FY21.

Natural gas is used as a fuel (energy) and as a feedstock (non-energy) by the respective end user industries.

Imports of natural gas in the form of liquefied natural gas have increased by 0.6% reversing the negative trend experienced since the start of the year.

Click on the attachment to read the full report:

Care Ratings Update on Natural Gas April-November 2020.pdf

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