Insight
India's 21-day coronavirus led lockdown: energy sector in turmoil
Report summary
India entered a 21-day lockdown starting 25 March to combat the spread of the coronavirus. Life has come to a standstill. Industries and businesses have been forced to shutdown. Only absolutely essential services remain active. Energy demand has already reduced by a massive 30%. The impact has been widespread and recovery will be slow. Every commodity has been hit and supply chains disrupted. The energy sector's options are limited. We take a look at how all this impacts energy sector and related commodities' demand and supply.
Table of contents
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Executive summary
- What does the 21-day lockdown mean?
- What remains operational?
- What has been the impact on power demand?
- What does this slowdown in power generation and industrial production mean for coal demand and supply?
- Do you anticipate any impact on the renewables?
- Gas and LNG demand was robust until mid-March, how has the situation changed?
- How hard will oil products and fuel demand be hit?
- With fuels demand set to crash, how are refining companies responding?
- What options are left with domestic exploration and production companies?
- What more should the industry worry about post 14 April?
Tables and charts
This report includes 3 images and tables including:
- Decline in demand compared y-o-y
- Decline in generation since 22 Mar compared w-o-w
- Oil demand expected to decline in the short term
What's included
This report contains:
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