India's gas consumption up 2% in May
India’s natural gas consumption in May was 5.4bn m3, up 1.8% year/year, the government said on June 28.
Cumulative consumption of natural gas during April-May, the first two months of the 2022-2023 financial year (FY2023), was 10.54bn m3, down 1.6% yr/yr. The biggest consumer of natural gas in India is the fertiliser industry. Other major consumers are power, city gas distribution and petrochemicals sectors.
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India’s natural gas production in May was 2.91bn m3, up 6.4% yr/yr. Cumulative natural gas production in April-May was 5.74bn m3, up 6.5% yr/yr.
The country’s natural gas output in FY2022 was 34bn m3, up 18.7% yr/yr. Crisil Ratings told NGW in early April that India’s natural gas output in FY23 is expected to rise by 10-15% yr/yr.