India’s overall fuel consumption in Feb-22 was 2nd highest ever in its history

This despite Jet Fuel being well below pre-pandemic.

A sharp increase in Gasoline & LPG consumption pushed it up

Consumption
Feb-22: 4.60 million b/d
Jan-22: 4.16 mb/d
Feb-21: 4.36 mb/d
#OOTT #Oil
2/4 #India recorded highest Gasoline consumption ever in its history in the month of Feb-22

Consumption
Feb-22: 667k b/d
Jan-22: 584k b/d
Feb-21: 647k b/d

#Gasoline
3/4 India’s Diesel consumption still lower than pre-pandemic levels. i.e., economic activity yet to return to normal levels.

Consumption
Feb-22: 1.70 million b/d
Jan-22: 1.50 mb/d
Feb-21: 1.72 mb/d
4/4 LPG is the king, recorded highest consumption ever in Feb-22 , beating the record created in Jan-22.

Consumption
Feb-22: 628k b/d
Jan-22: 607k b/d
Feb21: 592k b/d

#LPG

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More from @energy_blogger

Oct 31, 2021
A short thread on why I believe Oil & Gas demand will continue to rise despite all climate talks

1) We need to recognize, Demand Growth will remain high in APAC & Africa for O&G products despite all renewable initiatives.

#OOTT #Oil #Gas
2/ After Gasoline & Diesel the highest proportion of product consumption is LPG.

A major product in Domestic and Industrial cooking. APAC & Africa alone have >2 billion people without proper access to this fuel.

Ofcourse Natural Gas can contribute but #LPG is popular here.
3/ To given an idea, how big LPG consumption growth could be

#India in last decade is growing 7 to 8% LPG CAGR. Highest growth rate among all Oil products. Not Gasoline nor Diesel grown at this consistent pace

Now link back we still have ~2 billion without clean cooking access
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