The city gas distribution (CGD) sector’s domestic gas volumes declined by 12 per cent month-on-month to 15.2 million metric standard cubic metre per day (MMSCMD) in April as transportation and passenger mobility segments were hit the hardest by lockdowns, according to investment information firm ICRA.
However, this remains higher than the consumption of 4.2 MMSCMD in April last year.
CNG volumes declined further last month as the Covid-19 wave intensified and more states imposed lockdowns. While the lockdowns have resulted in reduced industrial activity, said ICRA, the impact has not been as severe as in 2020.
Thus the drop in regasified liquefied natural gas (RLNG) consumption for CGD entities remained lower than that of domestic gas with volumes remaining roughly stagnant since February.
