The collapse of demand in the world's third-biggest consumer during april comes on the back of worst fuel sales in more than a decade recorded in march 2020. The country's petroleum product consumption fell 17.79 per cent to 16.08 million tonnes in march as diesel, petrol and ATF demand fell, according to official data released here. diesel, the most consumed fuel in the country, saw demand contract by 24.23 per cent to 5.65 million tonnes. This is the biggest fall in diesel consumption the country has recorded as most trucks went off-road and railways stopped plying trains.
petrol sales dropped 16.37 per cent to 2.15 million tonnes in march as the 21-day nationwide lockdown enforced to prevent the spread of COVID-19 took most cars and two-wheelers off the road. With flights grounded since mid-March, ATF consumption fell 32.4 per cent to 4,84,000 tonnes. The only fuel that showed growth was LPG as households rushed to book refills for stocking during the three-week lockdown period. LPG sales rose 1.9 per cent to 2.3 million tonnes in March. This is the first estimate of total petroleum product consumption in the country. This includes sales by both public and private sector companies. consumption slumped by over 66 per cent in april as a nationwide lockdown halted economic activity and travel, which eviscerated demand. The only fuel that showed growth was LPG as households rushed to book refills for stocking during the three-week lockdown period. LPG sales rose 1.9 per cent to 2.3 million tonnes in March.
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