No fuel crisis in India; enough petrol, diesel, LPG for lockdown

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No fuel crisis in India; enough petrol, diesel, LPG for lockdown

Mar 29, 2020 14:35 IST

Indian Oil Corporation chairman said, India has enough petrol, diesel and cooking gas in stock to last way beyond the 3-week nationwide lockdown. He added, that all plants and supply locations are fully operational and the IOC has mapped demand for all fuel for the entire month of April and beyond. India is the world's third largest energy consumer, and with most cars and two-wheelers going off the road, petrol demand has fallen by 8% in March while diesel demand has been down 16% per cent. With airlines grounding flights, ATF demand has fallen by 20%. But with people at home in quarantine, LPG demand saw more than 200% jump since the lockdown was announced.

National