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