Production of refinery products/petro products has fallen by 12.2% during 11M FY21.
Overall consumption of all petroleum products has fallen by 11.3% in the first 11 months of FY21. On the bright side, it has recovered to 88.7% of pre-pandemic levels.
Exports of Petroleum, Oil and Lubricant (POL) products have decreased by 15.2% during 11M FY21 compared with the 7.5% growth achieved during 11M FY20.
Petroleum, Oil and Lubricant (POL) products imports have decreased by 1.6% during 11M FY21, compared with the 38.4% growth achieved during 11M FY20.
All Petroleum products witnessed a downfall in consumption during April-February FY21.SHIVANI SHARMA, MOHSIN SHAIKH