Propane competition intensifying
Industrial consumers are switching to cheaper propane/LPG, pressuring PNG volumes. Management responded by offering competitive pricing.
Powergrid · Material risks, their source context, and severity in the latest available quarter.
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Risk intelligence
Industrial consumers are switching to cheaper propane/LPG, pressuring PNG volumes. Management responded by offering competitive pricing.
APM allocation deficit was 14% in Q1, trending down but could remain a margin headwind if domestic gas supply doesn't keep pace with demand.
Analyst raised concern about potential price regulation; management dismissed it, citing natural competition, but risk remains if government intervenes.