Industry & Economy
-
Petroleum
Petro product sales grow 1.5 pc in Dec
Our Bureau
Mumbai
,
Jan. 24
SALES of oil products recorded a flat growth of 1.5 per cent last month. Diesel sales, considered an indicator of economic growth, recorded a marginal slowdown, with a fall of 0.6 per cent in December 2004.
Diesel volumes sold through retail outlets fell 0.5 per cent while bulk sales fell 1 per cent, according to figures compiled by public sector oil companies, which own more than 90 per cent share of the Indian fuels market.
Petrol sales were up 3.7 per cent, with a 3.9-per cent increase in retail sales; bulk sales, however, suffered a negative growth of 10.2 per cent in December.
Sale of compressed natural gas, available only in the metros, continued to climb, registering a 12.9-per cent growth. Aviation turbine fuel sales increased 21.7 per cent in December.
Among the other fuels, cooking gas or LPG sales continued to record positive growth, with sales rising by 5.2 per cent. Kerosene sales fell, recording a 1.9-per cent negative growth.
Among the feedstock products, naphtha sales fell 13.9 per cent in December while furnace oil and low sulphur heavy stock sales grew by 7.4 per cent compared with last December.
Bitumen, used mostly in road construction, recorded a fall of 8.6 per cent even as industrial and automotive lubes and greases saw volumes grow by 4.1 per cent.
Article
E-Mail
::
Comment
::
Syndication
::
Printer Friendly Page
|
