India's fuel product consumption slips 2.8% in February 2017

Fuel product consumption improves 6% in April-February FY2017

India's fuel product consumption or sales declined 2.8% to 15.89 mt in February 2017 over a year ago. Diesel sales dipped 3.9% to 6.16 mt, while kerosene sales fell 33.8% to 0.37 mt and bitumen 13.9% to 0.55 mt. Consumption of fuel oil also dipped 10.4% to 0.54 mt, petcoke 2.1% to 2.01 mt, and lubes/greases 12.9% to 0.29 mt. However, the consumption of light diesel oil (LDO) moved up 7.1% to 0.03 mt, others 1.8% to 0.54 mt, and naphtha 4.3% to 1.12 mt. Further, the consumption of Aviation Turbine Fuel (ATF) improved 9.7% to 0.58 mt, petrol 3.1% to 1.90 mt, and LPG 3.5% to 1.81 mt in February 2017.

Consumption or sales of fuel product increased 6.0% to 177.24 mt in April-February 2017 over April-February 2016. Sales of petcoke increased 25.7%, LPG 10.7%, petrol 9.4%, and diesel 2.0%. Consumption of fuel oil also moved up 13.2%, ATF 12.2%, naphtha 1.4% and others 2.0%. Further, the consumption of LDO inched up 15.4% and bitumen 0.6%, but declined for lubes/greases 2.4% and kerosene 20.4% in April-February 2017.

 

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