GAIL expects gas demand to pick up soon

NEW DELHI: State-run GAILNSE 3.31 %, whose natural gas sales have dropped 30% since the lockdown began, expects demand for the fuel to pick up soon as fertiliser plants increase production ahead of the sowing season and electricity generation expands to meet increasing air-conditioning needs with rising temperature, said a senior executive.

“Demand for gas will only rise from hereon, although only gradually,” said an executive, who did not want to be identified. The demand expansion would happen despite an extension of lockdown, he said, explaining the demand recovery would come mainly from fertiliser and power plants, two b