India’s fuel demand rose 3.8 per cent in February as free cooking gas connections spurred LPG consumption while petrol and diesel use continued to rise.
Fuel consumption in February totalled 17.41 million tonnes as compared to 16.77 million tonnes in the same month last year, data from the Petroleum Planning and Analysis Cell (PPAC) of the Oil Ministry showed.
Consumption rose for the third month in a row as ensuing general elections are likely to spike demand further.
With retail prices moderating, petrol consumption soared 8 per cent to 2.25 million tonnes while the Government push to give every household a cooking gas connection led to LPG demand spiking by 14.2 per cent to 2.2 million tonnes.
