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

Gujarat Energy disclosed that its piped natural gas (PNG) sales in the industrial town of Morbi have slumped by nearly nine‑tenths, dropping to only 1 million standard cubic metres per day (mmscmd) over the last five months. The figure represents a stark contrast to the volumes recorded earlier in the year, highlighting a rapid contraction in the local market.
The company’s performance data points to a significant shift in demand dynamics within the Morbi region, though it did not attribute the decline to any specific cause. Analysts note that such a steep fall could stem from a combination of supply‑side adjustments, pricing pressures, or changes in consumption patterns among industrial users.
The downturn is likely to influence Gujarat Energy’s revenue outlook for the quarter and may prompt a reassessment of its distribution strategy in the state. Stakeholders will be watching how the firm addresses the shortfall and whether corrective measures are taken to stabilise PNG sales in the area.