India’s domestic consumption of petroleum coke in Aug’20 is reported as 1.38 million tonnes (mn t), against 1.78 mn t in the same month last year, reflecting a reduction of 22.8%.
Moreover, pet coke consumption in Aug’20 has decreased by 14.9% below the consumption of 1.62 mn t recorded in Jul’20.
Furthermore, cumulative pet coke consumption in Apr-Aug’20 has been 7.82 mn t, compared with 9.15 mn t in the corresponding period of the last year, registering a reduction of 14.5%.
Pet coke consumption of 1.38 mn t in Aug’20 is also lower by 23.3% against the annual average consumption of 1.80 mn t in FY 2019-20.
Pet coke production had been affected following the restrictions imposed due to Covid-19. However, the graded unlocking process has improved in different stages and now with the Unlock 4.0 starting w.e.f. 1st Sep’20, the government has permitted some more relaxations for economic activities with suitable guidelines and protocols. It is expected that pet coke production will increase in coming months amidst the improvement in overall Covid-19 situation.
Productions have been at different levels at various pet coke producing refineries across the country. The Covid-19 situation has not only affected the production of pet coke but there has been overall reduction in crude throughput affecting the total production of petroleum products.
However, the overall production of petroleum products has consistently increased month after month during the three-month period from Apr-Jul’20. The total domestic production of all petroleum products is reported as 16.0 mn t, 17.3 mn t, 18.7 mn t and 19.4 mn t in the months of Apr’20, May’20, Jun’20 and Jul’20 respectively.
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