{"id":402895,"date":"2021-03-03T12:04:41","date_gmt":"2021-03-03T06:34:41","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=402895"},"modified":"2021-03-03T12:42:05","modified_gmt":"2021-03-03T07:12:05","slug":"fuel-demand-projected-to-rise-9-8-in-year-to-march-2022","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/fuel-demand-projected-to-rise-9-8-in-year-to-march-2022\/","title":{"rendered":"Fuel demand projected to rise 9.8% in year to March 2022"},"content":{"rendered":"<p>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>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 Petroleum Planning Analysis [&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":[141,130,183],"tags":[],"class_list":["post-402895","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-newspapers","category-oil-gas-hindustantimes"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/402895","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=402895"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/402895\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=402895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=402895"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=402895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}