Nayara Energy sees 48% jump in petrol sales, exports drop - News Summed Up

Nayara Energy sees 48% jump in petrol sales, exports drop


Petrol sold locally rose to 0.89 million tonnes in the first quarter of 2024 from 0.60 million tonnes in January-March 2023. “Against the consumption of 233.3 million tonnes, petroleum product production was 276.1 million tonnes in 2023-24,” the Oil Ministry data showed. Out of the total 1.53 million tonnes exported, gasoil exports stood at about 0.95 million tonnes. Consumption of 32.3 million tonnes of auto fuels in the quarter compared to 30.7 million tonnes demand during the same period of the previous year. "Reaffirming its commitment to being a trusted partner for India's rising energy demand, Nayara Energy has been building its domestic business in a sustained manner.


Source: The Hindu May 19, 2024 14:09 UTC



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