The government’s decision to cap the number of subsidised LPG (liquefied natural gas) cylinders seems to have brought cheer to oil companies as their auto gas segment has registered significant growth since last September.
IndianOil Corp Ltd, for instance, saw a growth of around 22 per cent in volumes and nearly two per cent in its market share. It traded nearly 10,517 million tonnes (mt) of auto gas in December against 8,593 mt of auto gas in September.
Technology Partners: MimirTech
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/lpg-cylinder-cap-brings-auto-gas-cheer-oil-companies
[2] http://admin.indiaenvironmentportal.org.in/category/author/kalpana-pathak
[3] http://admin.indiaenvironmentportal.org.in/category/newspaper/business-standard-new-delhi
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/lpg
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/indian-oil-corporation-ioc
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/bharat-petroleum-corporation-bpcl
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/hindustan-petroleum-corporation-hpcl
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/subsidies
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/ministry-petroleum-and-natural-gas
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy
