Gujarat Gas: High prices do not seem to matter – 9 Feb 2022

The profits of Gujarat Gas have less than halved in the last quarter due to abnormally high LNG prices

But that notwithstanding, gas volumes were higher at 11.39 mmscmd as against an average of 9.40 mmscmd in 2019-20

High prices kept industrial growth in check while subsidized gas demand in the CNG section saw a roaring 39% hike in relation to average volumes in 2019-20.

The story of Gujarat Gas is the story of most other gas supplier in India as of the present