Gas demand gets a battering: Find out what is going on with Morbi – 28 Mar 2025

There can always be an argument that gas demand in India will get curtailed by alternative fuels, and that is the reason why it is so price elastic.

Like with the ding-dong battle that we find in Morbi, where currently, propane has a price advantage

If the same level playing field is available across the country, the same battle as in Morbi can play out

So, gas demand will be confined to big segments such as CGD, power, fertilizers, petrochemicals, where again ethane can be a competitor, and refineries. Many of these are already serviced by gas pipelines

Getting incremental gas demand will then be a challenge, unless the economy, which is in a contracting mode just now, as is evident from offtake data for petrol and diesel, starts galloping up again, and there is an incremental increase in overall demand

Find out what exactly is going on in Morbi