Lok Sabha Question No. 1138 (UNSTARRED), answered on 2018-12-17
Subject: Revenue Generated by OMCs
Ministry: PETROLEUM AND NATURAL GAS
Asked by: SANKAR PRASAD DATTA

## LOK SABHA UNSTARRED QUESTION NO. 1138

## TO BE ANSWERED ON 17 th  DECEMBER, 2018

## Revenue Generated by OMCs

## 1138.       SHRI SANKAR PRASAD DATTA :

पेट्रोल ियम एवं प्राक ृ तिक गैस मंत्री

Will the Minister of PETROLEUM AND NATURAL GAS be pleased to state:

- (a) the year/PSU-wise revenue and dividends generated and paid by IOCL, BPCL, HPCL etc. through the sale of petrol, diesel and LPG in India and abroad during the last three years; and
- (b) the barrel-wise price of various petroleum products in international market and respective selling price barrel-wise in Indian market during the said period?

## ANSWER

पेट्रोल ियम एवं प्राक ृ तिक गैस मंत्री (श्री धमेन्द्र प्रधान)

## MINISTER OF PETROLEUM AND NATURAL GAS (SHRI DHARMENDRA PRADHAN)

- (a) The OMC-wise/year wise revenue and dividend paid are as under :-

(in crore)

| OMC                                 | IOCL      | IOCL      | IOCL      | BPCL      | BPCL      | BPCL      | HPCL      | HPCL      | HPCL      |
|-------------------------------------|-----------|-----------|-----------|-----------|-----------|-----------|-----------|-----------|-----------|
| Year                                | 2015-16   | 2016-17   | 2017-18   | 2015-16   | 2016-17   | 2017-18   | 2015-16   | 2016-17   | 2017-18   |
| Revenue from Petrol, diesel and LPG | 350603.00 | 445442.00 | 506428.00 | 154939.99 | 171484.88 | 194715.08 | 197438.00 | 213489.00 | 243227.00 |
| Dividend paid                       | 3399.13   | 9226.22   | 11168.58  | 2783.87*  | 5640.06*  | 3181.57*  | 1456.00 # | 3478.00 # | 2321.00 # |

- (b) The average price of Indian basket of crude oil and major petroleum products i.e. petrol, diesel, kerosene and LPG in the international market during the last three years and the current year is given below-

| Year                                | Indian Basket of Crude Oil   | Petrol   | Diesel   | Kerosene   | LPG    |
|-------------------------------------|------------------------------|----------|----------|------------|--------|
|                                     | $/bbl                        | $/bbl    | $/bbl    | $/bbl      | $/MT   |
| 2015-16                             | 46.17                        | 61.72    | 55.02    | 55.71      | 394.08 |
| 2016-17                             | 47.56                        | 58.10    | 56.59    | 56.81      | 393.17 |
| 2017-18                             | 56.43                        | 67.83    | 68.19    | 67.65      | 485.92 |
| 2018-19 (till 10 th December, 2018) | 73.05                        | 80.43    | 86.34    | 86.10      | 546.89 |

The  details  of  retail  selling  prices  of  petrol,  diesel,  PDS  kerosene and  domestic  subsidized  LPG  in  the  country  during  the  last  three years  and  current  year  (as  on  1 st of  every  month)  are  given  in Annexure.

****

## Annexure

Annexure referred to in reply to part (b) of Lok Sabha Unstarred Question No.1138 for  17.12.2018  asked  by  Shri  Sankar  Prasad  Datta,  MP  regarding  'Revenue Generated by OMCs'.

Details  of  retail  selling  prices  of  petrol,  diesel,  PDS  kerosene  and  domestic subsidized LPG :-

| As on Date   | Petrol      | Diesel      | PDS Kerosene   | Domestic Subsidized LPG   |
|--------------|-------------|-------------|----------------|---------------------------|
| As on Date   | (Rs./litre) | (Rs./litre) | (Rs./litre)    | (Rs./14.2 KG Cyl.)        |
| 01.04.2015   | 60.49       | 49.71       | 15.24          | 417.82                    |
| 01.05.2015   | 63.16       | 49.57       | 15.24          | 417.82                    |
| 01.06.2015   | 66.29       | 52.28       | 15.24          | 417.82                    |
| 01.07.2015   | 66.62       | 50.22       | 15.24          | 417.82                    |
| 01.08.2015   | 64.47       | 46.12       | 15.24          | 417.82                    |
| 01.09.2015   | 61.20       | 44.45       | 15.24          | 417.82                    |
| 01.10.2015   | 61.20       | 44.95       | 15.24          | 417.82                    |
| 01.11.2015   | 60.70       | 45.93       | 15.24          | 417.82                    |
| 01.12.2015   | 60.48       | 46.55       | 15.24          | 419.26                    |
| 01.01.2016   | 59.35       | 45.03       | 15.24          | 419.33                    |
| 01.02.2016   | 59.95       | 44.68       | 15.24          | 419.22                    |
| 01.03.2016   | 56.61       | 46.43       | 15.24          | 419.13                    |
| 01.04.2016   | 59.68       | 48.33       | 15.42          | 419.13                    |
| 01.05.2016   | 62.19       | 50.95       | 15.36          | 419.15                    |
| 01.06.2016   | 65.60       | 53.93       | 15.36          | 419.18                    |
| 01.07.2016   | 64.76       | 54.70       | 15.02          | 421.16                    |
| 01.08.2016   | 61.09       | 52.27       | 15.53          | 423.09                    |
| 01.09.2016   | 63.47       | 52.94       | 15.94          | 425.06                    |
| 01.10.2016   | 64.58       | 52.51       | 16.66          | 427.09                    |
| 01.11.2016   | 66.45       | 55.38       | 17.17          | 430.64                    |
| 01.12.2016   | 66.10       | 54.57       | 17.76          | 432.71                    |

| As on Date   | Petrol      | Diesel      | PDS Kerosene   | Domestic Subsidized LPG   |
|--------------|-------------|-------------|----------------|---------------------------|
| As on Date   | (Rs./litre) | (Rs./litre) | (Rs./litre)    | (Rs./14.2 KG Cyl.)        |
| 01.01.2017   | 66.10       | 54.57       | 18.28          | 434.71                    |
| 01.02.2017   | 71.14       | 59.02       | 18.77          | 434.80                    |
| 01.03.2017   | 71.14       | 59.02       | 18.77          | 434.93                    |
| 01.04.2017   | 66.29       | 55.61       | 18.77          | 440.90                    |
| 01.05.2017   | 68.09       | 57.35       | 19.65          | 442.77                    |
| 01.06.2017   | 66.91       | 55.94       | 20.17          | 446.65                    |
| 16.06.2017*  | 65.48       | 54.49       | 20.43          | 446.65                    |
| 01.07.2017   | 63.09       | 53.33       | 21.09          | 477.46                    |
| 01.08.2017   | 65.40       | 55.58       | 21.74          | 479.77                    |
| 01.09.2017   | 69.26       | 57.13       | 22.27          | 487.18                    |
| 01.10.2017   | 70.76       | 58.92       | 22.76          | 491.13                    |
| 01.11.2017   | 69.14       | 57.73       | 22.76          | 495.69                    |
| 01.12.2017   | 69.22       | 58.40       | 22.12          | 495.69                    |
| 01.01.2018   | 69.97       | 59.70       | 22.39          | 495.64                    |
| 01.02.2018   | 73.05       | 64.11       | 22.91          | 495.63                    |
| 01.03.2018   | 71.57       | 62.25       | 23.44          | 493.09                    |
| 01.04.2018   | 73.73       | 64.58       | 23.98          | 491.35                    |
| 01.05.2018   | 74.63       | 65.93       | 24.51          | 491.21                    |
| 01.06.2018   | 78.29       | 69.20       | 25.03          | 493.55                    |
| 01.07.2018   | 75.55       | 67.38       | 25.56          | 496.26                    |
| 01.08.2018   | 76.31       | 67.82       | 26.08          | 498.02                    |
| 01.09.2018   | 78.68       | 70.42       | 26.61          | 499.51                    |
| 01.10.2018   | 83.73       | 75.09       | 27.13          | 502.40                    |
| 01.11.2018   | 79.37       | 73.78       | 27.66          | 505.34                    |
| 01.12.2018   | 72.53       | 67.35       | 28.19          | 500.90                    |

## Note -

1. Prices of petrol and diesel are as per IOCL at Delhi.
2. RSP of PDS kerosene is at Mumbai.
3. Effective 1st January 2015, Modified PAHAL (DBTL) scheme has been implemented in entire country. The effective cost to consumer is   after DBTL subsidy (up to the cap of 12 cylinders in a year) at Delhi.
4. *Since 16.6.2017, Daily price revision for petrol/diesel has been implemented.