Here is a latest Oil Gas Industry News on raise in Diesel Demand in India for this current fiscal year 2012.
Power cuts results raise in Diesel Demand in India.
For the year 2011-2012, the demand for diesel is raised as a result of regular power cut.
About 8% of diesel sales surged over the last year 2010-2011.
In this year mainly Retail and Bulk consumer segments are depended very much on diesel due to this power cut during day and night hours.
Indian top 3 Oil marketing companies IOC, BPCL, HPCL were sold a total of 64.66 million tonnes of diesel for the year 2011-2012.
During the year 2010-2011, 59.99 million tonnes of diesel was sold by these Indian state owned oil companies.
Bulk consumption of diesel utilised by power generation companies and Indian Railways a leading Indian transport system operated by India Government.
Overall consumption of diesel by Indian Automobile sector is 53.18 million tonnes.
http://feeds.feedburner.com/MoneySavingInvestmentIdeas
About the Author
