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Government of India
Ministry of Petroleum & Natural Gas
27-July-2015 17:58 IST
Import/Export of Petroleum Products

The Minister of State (I/C) for Petroleum & Natural Gas Shri Dharmendra Pradhan informed the Lok Sabha in a written reply today that the details of domestic production and consumption of petroleum products, crude oil production and refining capacity of p

The Minister of State (I/C) for Petroleum & Natural Gas Shri Dharmendra Pradhan informed the Lok Sabha in a written reply today that the details of domestic production and consumption of petroleum products, crude oil production and refining capacity of public and private sector companies during the last three years (2012-13 to 2014-15) and the current year i.e. 2015-16 (April-June) are given at Annexure-I.

 

 

 The demand and supply of crude oil/petroleum products in the country for consumption of petro-products and fulfilling the needs of oil refineries is an inter-play of several factors like success in new production of crude oil, successful acquisition of assets or equity oil abroad, success in conservation efforts, etc. On an overall basis petroleum products availability from refineries and fractionators exceeds domestic consumption of the country. The refining capacity available in the country is 215.07 MMTPA as on 01.04.2015 which far exceeds petroleum product requirement for domestic consumption. However, there were still imports of some petroleum products like Naphtha, Fuel oil etc. to meet specific requirements of the user-industries. Also, imports were resorted to, to meet domestic consumption and requirement of certain products like LPG, lubes, etc.

 

In order to reduce import dependency on crude oil, Government has taken/is taking a number of initiatives to increase domestic production of crude oil and to promote conservation of petroleum products.

 

To accelerate the pace of exploration and production of oil and gas in the country, various steps have been/are being taken by the Government as under:-

 

 i. Enhance production from the existing field by adopting Improved Oil Recovery (IOR)/Enhanced Oil   Recovery (EOR) measures using latest technology. 

 

ii. Bring into production new discoveries at the earliest. For this a policy framework for early monetization of hydrocarbon discoveries under PSC regime has been approved by the Government. 

        This policy has addressed rigidities in the timelines of the PSC and has allowed the contractors to start   production at the earliest.

 

iii. Facilitate enhanced exploration activities through following measures:

§     Appraisal of about 1.5 million sq km un-appraised area of the Indian Sedimentary Basins and acquisition of geo-scientific data under Multi client and non-exclusive policy. 

§     Re-assessment of Hydrocarbon Resources.

§     Setting up of National Data Repository. Policy approved for exploration and exploitation of Shale Gas/Shale Oil resources by National oil Companies under the nomination regime. 

 

         Besides, Petroleum Conservation Research Association (PCRA), under the Ministry of Petroleum & Natural Gas, has been given the mandate to promote conservation of petroleum products in the major sectors of economy like transport, industry, households and agriculture through direct technical assistance, R&D educational and training programmes and mass awareness campaigns. PCRA’s activities cover conservation of all energy sources, development, evaluation and commercialization of efficient equipment and additives, popularizing production of bio-fuels, environment protection etc.

 

The quantum of petroleum products exported to various countries by public/private sector companies in the country is at Annexure-II and III.

 

 The quantum of petroleum products including crude oil imported in the country along with amount paid by the oil companies during 2012-13 to 2014-15 (P) country wise including Iran, Iraq and other Middle East countries is at Annexure-IV, V and VI.

 

During the Urja Sangam held on 27.03.2015 at New Delhi, Hon’ble Prime Minister has assigned the target for reduction of import dependency in energy by 10% from current level of about 77% by 2021-22.  A Committee has been constituted under the Chairmanship of Additional Secretary, Ministry of Petroleum and Natural Gas to prepare a roadmap in order to achieve the aforesaid target assigned by Hon’ble Prime Minister.    

 

Click here to see Annexures:

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