Commercial users rush to LPG as LNG prices pinch
Commercial users consumed nearly a fifth more LPG in the first nine months of this financial year as they switched from expensive natural gas.
Total LPG consumption in India amounted to 21,256 thousand metric tonnes from April-December 2022, up 1.8% from a year earlier, according to the oil ministry. The consumption by households, which comprise about 89% of total consumption, was up barely 0.3% year-on-year but sales to commercial users saw a surge. Packed LPG sold to commercial customers increased 18.4% while bulk LPG went up 12% year-on-year.
