Friday, Sep 29, 2023
English News
  • Hyderabad
  • Telangana
  • AP News
  • India
  • World
  • Entertainment
  • Science and Tech
  • Sport
  • Business
  • Rewind
  • ...
    • NRI
    • View Point
    • cartoon
    • Columns
    • Education Today
    • Reviews
    • Property
    • Videos
    • Lifestyle
E-Paper
  • NRI
  • View Point
  • cartoon
  • Columns
  • Reviews
  • Education Today
  • Property
  • Videos
  • Lifestyle
Home | Business | More Petroleum Products Produced In April Despite Lower Demand

More petroleum products produced in April despite lower demand

Production of petroleum products by Fractionators during April, 2021 was 365.89 TMT which is 5.08 per cent higher than the target for the month.

By IANS
Published Date - 09:55 PM, Fri - 21 May 21
More petroleum products produced in April despite lower demand
whatsapp facebook twitter telegram

New Delhi: Indian refineries produced more petroleum products in April this year than what was achieved in the same period last year even as demand conditions remain tepid with slower sales of auto fuels in the country amid wave of fresh Covid-19 wave and lockdowns in various parts of the country.

According to petroleum ministry data, production of petroleum products by Oil’s Refineries during April, 2021 was 20525.69 TMT (thousand million tonne) which is 0.97 per cent higher than the target for the month and 31.04 per cent higher than the production during April, 2020.

Production of petroleum products by Fractionators during April, 2021 was 365.89 TMT which is 5.08 per cent higher than the target for the month and 23.58 per cent higher than the production during April, 2020.

While product performance in April remains unaffected, crude oil production continued to remain flat with dwindling old reserves and lack of new prospective producing oil finds. Accordingly, crude oil during April, 2021 stood at 2493.26 TMT which though is 1.16 per cent higher than target for the month but is 2.07 per cent lower than the production during April, 2020.

The story on natural gas production in the country is slightly better with development of new funds both by public and private sector entities. Gas production during April, 2021 stood at 2651.49 MMSCM which is 22.68 per cent higher than the production during April, 2020 but lower by 1.02 per cent than the monthly target.

The main growth performer for natural gas in the country has been private are for entities and other joint venture companies. Natural gas production by Pvt/JVs companies in the PSC & CBM regime during April, 2021 was 710.86 MMSCM which is 12.10 per cent higher than the target and 204.33 pe cent higher than the production during April, 2020.

Crude Oil Processed during April, 2021 was 19884.70 TMT which is 1.82 per cent higher than the target for the month and 34.86 per cent higher vis-a-vis April, 2020. Capacity utilization during the April, 2021 was 96.82 per cent.


Now you can get handpicked stories from Telangana Today on Telegram everyday. Click the link to subscribe.

Click to follow Telangana Today Facebook page and Twitter .


Telangana Today Whatsapp
  • Follow Us :
  • Tags
  • Crude oil
  • Natural gas
  • Petroleum
  • petroleum products

Related News

  • Rupee edges up 3 paise to 83.19 against US dollar

    Rupee edges up 3 paise to 83.19 against US dollar

  • Rupee falls 6 paise against US dollar

    Rupee falls 6 paise against US dollar

  • EU looking at petroleum products made from Russian crude oil in India finding way to its market

    EU looking at petroleum products made from Russian crude oil in India finding way to its market

  • Windfall tax on crude oil, diesel hiked

    Windfall tax on crude oil, diesel hiked

  • Rupee trades in narrow range against US dollar

    Rupee trades in narrow range against US dollar

  • Crude oil futures decline on low demand

    Crude oil futures decline on low demand

Latest News

  • Jalan Kalrock Consortium infuses Rs 100 core in Jet Airways

    7 mins ago
  • Israel SC hears challenges to law aimed at protecting PM from removal

    17 mins ago
  • Asian Games Squash: Indian women’s team signs off with bronze

    28 mins ago
  • Karnataka Bandh: 44 Flights cancelled, 5 activists arrested at Bengaluru airport

    26 mins ago
  • Telangana: Chanaka – Korata lift wet run held successfully

    37 mins ago
  • Violent clashes continue in Khartoum, 13 civilians dead

    38 mins ago
  • Roma suffers 4-1 defeat against newly-promoted Genoa in Serie A

    42 mins ago
  • PCB chief stirs controversy, refers to India as “Dushman Mulk” in viral video

    47 mins ago

company

  • Home
  • About Us
  • Contact Us

business

  • Subscribe

telangana today

  • Telangana
  • Hyderabad
  • Latest News
  • Entertainment
  • World
  • Andhra Pradesh
  • Science & Tech
  • Sport

follow us

© Copyrights 2022 TELANGANA PUBLICATIONS PVT. LTD. All rights reserved. Powered by Veegam