May 9, 2020 / 12:27 AM / 21 days ago

TABLE-India's fuel demand drops 45.8% in April

    May 9 (Reuters) - India's fuel demand fell 45.8% in April compared with the same month last
year, data from the Petroleum Planning and Analysis Cell (PPAC) of the Oil Ministry showed on
Saturday.
    State fuel retailers in India sold 50% less refined fuel in the first two weeks of April
than the same time a year ago as a nationwide lockdown to stem the spread of the new coronavirus
hit transportation and industrial activity.
    Consumption of fuel, a proxy for oil demand, totalled 9.93 million tonnes, the data showed.
    Consumption of diesel, which is widely used for transportation as well as for irrigation
needs in India, was down about 55.6% year-over-year at 3.25 million tonnes.
    Sales of gasoline, or petrol, dropped by 60.6% from a year earlier to 0.97 million tonnes.
    Cooking gas or liquefied petroleum gas (LPG) sales rose about 12.1% to 2.13 million tonnes,
while naphtha sales fell 9.5% to 0.86 million tonnes.
    Sales of bitumen, used for making roads, slumped 71%, while fuel oil use dipped 40% in
April.
    
    DOMESTIC SALES (in million tonnes):    
    
              2020     2020     2020    2020     2019    2019     2019    2019
 PRODUCTS      APR      MAR     FEB      JAN     APR      MAR     FEB      JAN
 Diesel       3.25     5.65     7.16    6.94     7.32    7.46     6.74    7.07
 Petrol       0.97     2.16     2.51    2.46     2.46    2.58     2.26    2.37
 LPG          2.13     2.31     2.12    2.45     1.90    2.26     2.21    2.31
 Naphtha      0.86     1.39     1.28    1.38     0.95    1.20     1.20    1.09
 Jet fuel     0.06     0.48     0.69    0.74     0.65    0.72     0.66    0.72
 Kerosene     0.13     0.15     0.18    0.16     0.25    0.29     0.27    0.27
 Fuel Oil     0.30     0.48     0.50    0.49     0.50    0.54     0.53    0.55
 Bitumen      0.20     0.53     0.67    0.60     0.69    0.89     0.66    0.66
 TOTAL        9.93     16.08   18.22    18.53   18.32    19.56   17.44    18.52
    NOTE: Total figures may not tally because not all items are included in the table, and
numbers are rounded. The numbers for previous months may have been revised.

 (Reporting by Sumita Layek in Bengaluru; Editing by Leslie Adler)
  
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