City gas companies snap up cheap local supply

The fertiliser sector’s consumption of imported natural gas rose 25% YoY while that of city gas distributors fell 40% during the June quarter as more of the cheap domestic gas was made available for driving and cooking following a tweak in the domestic gas policy.

The city gas sector accounted for just 9% of the country’s consumption of imported gas during the April-June period, down from 17% a year earlier. Their consumption of domestic gas rose 31% in a year to 2,490 million metric standard cubic meter (mmscm) while their use of imported gas fell to 703 mmscm.