{"id":469861,"date":"2022-02-22T10:45:36","date_gmt":"2022-02-22T05:15:36","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=469861"},"modified":"2022-02-22T10:45:36","modified_gmt":"2022-02-22T05:15:36","slug":"india-expects-fuel-demand-to-grow-5-5-in-next-fiscal-year","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/india-expects-fuel-demand-to-grow-5-5-in-next-fiscal-year\/","title":{"rendered":"India expects fuel demand to grow 5.5% in next fiscal year"},"content":{"rendered":"<p>NEW DELHI: India&#8217;s fuel demand is likely to grow 5.5% in the next fiscal year beginning April 1, initial government estimates show, reflecting a pick-up in industrial activity and mobility in Asia&#8217;s third largest economy after months of stagnation.<br \/>\nIndia&#8217;s fuel consumption in 2022-23, a proxy for oil demand, could rise to 214.5 million tonnes from the revised estimates of 203.3 million tonnes for the current fiscal year ending March 2022, according to government forecasts.<br \/>\nThe estimates were released on the website of the Petroleum Planning and Analysis Cell (PPAC), a unit of the federal oil ministry.<br \/>\nLocal demand for gasoline, used mainly in passenger vehicles, is expected to rise by 7.8% to 33.3 million tonnes, while gasoil consumption was slated grow by about 4% to 79.3 million tonnes, the data showed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: India&#8217;s fuel demand is likely to grow 5.5% in the next fiscal year beginning April 1, initial government estimates show, reflecting a pick-up in industrial activity and mobility in Asia&#8217;s third largest economy after months of stagnation. India&#8217;s fuel consumption in 2022-23, a proxy for oil demand, could rise to 214.5 million tonnes from the revised estimates of 203.3 million tonnes for the current fiscal year ending March 2022, according to government forecasts. The estimates were released on the website of the Petroleum Planning and Analysis Cell (PPAC), a unit of the federal oil ministry. Local demand for [&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":[130,219,137],"tags":[],"class_list":["post-469861","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/469861","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=469861"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/469861\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=469861"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=469861"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=469861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}