Petro product usage up 4.9% in Apr-Jun
New Delhi: The consumption of petr-oleum products in India during April-June rose 4.9% to 58.8 million metric tonne. During the same period of the last financial year, consumption of petroleum products stood at 55.4 MMT. Data from Petroleum Planning and Analysis Cell (PPAC) showed that the growth was led by a 13.4% growth in jet fuel consumption, followed by 8.1% in diesel and 6.8% in petrol.
A total of 2 MMT aviation turbine fuel (ATF) was consumed during the first quarter of this fiscal, against 1.7 MMT. Similarly, diesel and petrol consumption stood at 23.9 MMT and 9.4 MMT respectively during the quarter under review, compared to 22.2 MMT and 8.8 MMT, respectively. The Monthly Tracker for June released by PPAC, showed that consumption of Liquefied Petroleum Gas (LPG), major part of which consists of domestic cooking gas, rose 2.9% to 67.34 lakh metric tonnes in first three months of this fiscal.
During same period last fiscal, the LPG consumption across the country stood at 65.41 lakh metric tonnes. The data gains significance as the rise in petroleum product consumption indicates a growth in vehicular traffic, air traffic and industrial activities. Last fiscal India registered a rec-ord consumption of fuel products on reviving economic activities.
The rise in consumption increased although crude imports declined during the first three months of the fiscal. According to the report, crude oil imports in terms of quantity stood at 60.1 MMT, against 60.7 MMT during the same period last fiscal. For June, petroleum product consumption rose 4.3% with a volume of 19.3 MMT compared to same period of previous year.
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