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Gujarat Energy’s PNG sales in Morbi drop nearly 90% to 1 mmscmd in five months

Reported by: BusinessLine ·

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GUJARAT ENERGY

Summary

BusinessLine reported that Gujarat Energy's piped natural gas (PNG) sales in Morbi fell nearly 90% to 1 mmscmd over five months, down from a peak of 8.5 mmscmd. The outlet said the fall came as propane supply improved, and that the company is pursuing competitive LNG sourcing to win back industrial customers. PNG is gas piped to homes and factories rather than sold in cylinders. mmscmd means million standard cubic metres per day, a unit of gas volume. Morbi is a ceramics hub in Gujarat, so its factories are large gas users. The report gives no revenue figures or dates for the fall.

AI summary of what BusinessLine reported. AI can make mistakes. Read the full story on BusinessLine

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BusinessLine  · · Tone -1

Gujarat Energy’s PNG sales in Morbi drop nearly 90% to 1 mmscmd in five months

Natural gas volumes have fallen to 1 mmscmd from a peak of 8.5 mmscmd as propane supply improves, prompting the company to pursue competitive LNG sourcing to win back industrial customers.

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