New Delhi, March 13 -- Ongoing disruptions in West Asia are expected to impact the Indian City Gas Distribution (CGD) industry, with daily sales volumes projected to moderate by 8-10 per cent as natural gas supplies face a squeeze.

As per a press release by Crisil Ratings, the supply chain remains under pressure, and the ability of players to pass through cost increases to end consumers is likely to cushion overall profitability.

The Industrial and Commercial (I&C) segment of Piped Natural Gas (PNG) is set to bear the brunt of this volatility due to its heavy reliance on imported Liquefied Natural Gas (LNG). In contrast, Compressed Natural Gas (CNG) and domestic PNG segments, which account for roughly 70 per cent of industry volumes, re...