{"id":577775,"date":"2023-05-19T10:04:24","date_gmt":"2023-05-19T04:34:24","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=577775"},"modified":"2023-05-19T10:53:17","modified_gmt":"2023-05-19T05:23:17","slug":"lower-gas-prices-to-push-up-indias-fy24-gas-demand-by-7-gail-chair","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/lower-gas-prices-to-push-up-indias-fy24-gas-demand-by-7-gail-chair\/","title":{"rendered":"Lower gas prices to push up India&#8217;s FY24 gas demand by 7%: GAIL Chair"},"content":{"rendered":"<p>Indian gas utility GAIL (India) Ltd sees local gas demand growing by 6%-7% in the fiscal year to March, driven by lower prices and the resumption of supply under a deal with the former unit of Russia&#8217;s Gazprom, its chairman said on Thursday.<\/p>\n<p>Gas consumption in India fell by about 6% in 2022-23 as higher prices pushed consumers to cheaper liquid fuels and as Russia&#8217;s invasion of Ukraine disrupted supply, forcing GAIL to ration supplies.<\/p>\n<p>&#8220;We definitely see this year to be very promising as far as the natural gas consumption is concerned,&#8221; said Sandeep Kumar Gupta at an earnings conference.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian gas utility GAIL (India) Ltd sees local gas demand growing by 6%-7% in the fiscal year to March, driven by lower prices and the resumption of supply under a deal with the former unit of Russia&#8217;s Gazprom, its chairman said on Thursday. Gas consumption in India fell by about 6% in 2022-23 as higher prices pushed consumers to cheaper liquid fuels and as Russia&#8217;s invasion of Ukraine disrupted supply, forcing GAIL to ration supplies. &#8220;We definitely see this year to be very promising as far as the natural gas consumption is concerned,&#8221; said Sandeep Kumar Gupta at an earnings [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-577775","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/577775","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=577775"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/577775\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=577775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=577775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=577775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}