Coronavirus impact: IndianOil realigns production after LPG demand rise

In wake of the coronavirus (COVID-19) outbreak in the country, Indian Oil Corporation (IndianOil) has seen a reduction in demand for transport fuel, while that for cooking gas has risen. The country’s biggest refiner and petroleum retailer has, however, reduced crude oil throughput at most of its refineries by 25-30 per cent.

IndianOil sells about 300,000 cylinders every day and has a refining capacity of about 81 million tonnes.

Though IndianOil did not furnish the number for increase in liquefied petroleum gas (LPG) demand, a representative of the All India Bharat Gas Distributors Association said LPG cylinder bookings have increased by around 50 per cent in the past few days.

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