{"id":402780,"date":"2021-03-03T10:53:27","date_gmt":"2021-03-03T05:23:27","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=402780"},"modified":"2021-03-03T10:53:27","modified_gmt":"2021-03-03T05:23:27","slug":"india-sees-fuel-demand-seen-rebounding-in-year-to-march-2022","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/india-sees-fuel-demand-seen-rebounding-in-year-to-march-2022\/","title":{"rendered":"India sees fuel demand seen rebounding in year to March 2022"},"content":{"rendered":"<p>NEW DELHI : India&#8217;s fuel consumption could rise by 9.8% in the year to March 2022, its highest pace of growth in six years, driven by robust demand for gasoline and gasoil in Asia&#8217;s third largest economy, according to initial government projections.<\/p>\n<p>Higher expectation of fuel consumption, a proxy for oil demand, points to a sharp recovery in industrial activity in the economy hit hard by the pandemic.<\/p>\n<p>India could consume 215.24 million tonnes of refined fuels in the financial year 2021\/22 compared to the revised estimate of 195.94 million tonnes consumed in 2020\/21, data posted on the website of Petroleum Planning Analysis Cell (PPAC) showed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI : India&#8217;s fuel consumption could rise by 9.8% in the year to March 2022, its highest pace of growth in six years, driven by robust demand for gasoline and gasoil in Asia&#8217;s third largest economy, according to initial government projections. Higher expectation of fuel consumption, a proxy for oil demand, points to a sharp recovery in industrial activity in the economy hit hard by the pandemic. India could consume 215.24 million tonnes of refined fuels in the financial year 2021\/22 compared to the revised estimate of 195.94 million tonnes consumed in 2020\/21, data posted on the website of [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-402780","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/402780","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=402780"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/402780\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=402780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=402780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=402780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}