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Chennai Petroleum Corporation Ltd begins work on project in Tamil Nadu
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REFINERY NEWS ROUNDUP: Closures remain on the cards in Asia-Pacific | Hellenic Shipping News Worldwide
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REFINERY NEWS ROUNDUP: India’s gasoline use rises, falls elsewhere in Asia-Pacific
India’s consumption of gasoline in June saw the highest month-on-month increase in a year as a decline in COVID-19 cases and the easing of lockdown measures boosted driving activity.
Some states, such as the western state of Maharashtra, eased restrictions early June.
Indian gasoline demand totaled 2.41 million mt in June, up 21% from May, data from the Petroleum Planning and Analysis Cell showed. In May, gasoline demand hit a one-year low.
However, a new wave of coronavirus infections in Indonesia has dented the demand outlook for Asian gasoline, with participants anticipating a further decline in import demand as driving activity slows. The country, moreover, has already expanded its strict lockdown measures, with Bali, Java and the heavily populated cities in Sumatra having been placed under a lockdown since early July.
Petrol price crosses Rs 100-mark: PM Modi blames previous govts for not cutting import dependence
Addressing an online event to inaugurate oil and gas projects in poll-bound Tamil Nadu, Prime Minister Narendra Modi said, I do not want to criticise anyone but I want to say [that] had we focused on this subject much earlier, our middle-class would not be burdened.
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UPDATED: February 18, 2021 08:44 IST
Prime Minister Narendra Modi addressed an online event to inaugurate oil and gas projects in poll-bound Tamil Nadu. (Photo: PTI)
On a day when petrol crossed the Rs 100 mark, Prime Minister Narendra Modi on Wednesday blamed the previous governments for not focussing on reducing India s energy import dependence.
PM to inaugurate key projects in TN today
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