Natural gas demand dips 5.5% in 2020-21

Domestic natural gas demand declined 5.5% in 2020-21 to the lowest in three years as Covid-linked lockdowns hit demand from small industries and the transport sector.

Gas consumption fell to 60.6 million billion cubic meters (BCM) during the financial year. Gas imports declined 3% to 33 BCM but the share of imports in domestic consumption rose to 54% from 53% in the previous year.