Demand for natural gas falls as plants opt for cheaper fuels
India’s industrial demand for natural gas is weakening as factories increasingly turn to cheaper alternatives such as LPG and wood briquettes.
With crude steady at $65-70 a barrel, gas has become relatively expensive, pushing many industries towards liquid fuels like LPG and light diesel oil. Subsidised farm-waste briquettes-about a third cheaper than gas-are also gaining traction, according to industry executives.
