Lok Sabha Question No. 1106 (UNSTARRED), answered on 2018-12-17
Subject: Demand and Supply of Petroleum Products
Ministry: PETROLEUM AND NATURAL GAS
Asked by: RAMSINH PATALYABHAI RATHWA, GOPAL CHINAYYA SHETTY, KAUSHALENDRA KUMAR

## LOK SABHA UNSTARRED QUESTION NO.1106

## TO BE ANSWERED ON 17 th  DECEMBER, 2018

Demand and Supply of Petroleum Products

## 1106.  SHRI RAMSINH RATHWA:

SHRI GOPAL SHETTY:

SHRI KAUSHALENDRA KUMAR:

पेट्रोल ियम और प्राक ृ तिक गैस मंत्री

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

- (a)  whether  the  management  of  Petroleum  and  Natural  Gas  Sector  is  a  critical challenge, if so, the details thereof along with the present status of availability and the potential of oil and gas reserves in the country;
- (b) the percentage of demand of crude oil, natural gas and Petroleum products in the country  being  met  through  the  existing  oil  and  natural  gas  reserves  along  with demand and supply of various petroleum products during the last three years and the current year, product-wise;
- (c)  the  quantum  of  crude  oil  and  natural  gas  imported  in  addition  to  domestic production to meet the requirement of the country during the said period, countrywise;
- (d) whether the price of imported Petroleum products are lower than that of domestic Petroleum products; and
- (e) if so, the details thereof along with the reasons for such difference/gap during the said period?

## ANSWER

पेट्रोल ियम और प्राक ृ तिक गैस मंत्रािय में मंत्री ( प्रााप्र ामेर्मध ीी )

## MINISTER IN THE MINISTRY OF PETROLEUM & NATURAL GAS (SHRI DHARMENDRA PRADHAN)

- (a) Details of Hydrocarbon Reserves (Oil, Gas, CBM) (2P) in India as on 01.04.2018
- (b):  The percentage of import dependence on crude oil and gas based on domestic consumption of petroleum products during the last three years and current year is given below:

| Company           | Initial In-place volume   | Initial In-place volume   | Initial In-place volume   | Ultimate Reserves   | Ultimate Reserves   | Ultimate Reserves   | Balance Recoverable Reserves   | Balance Recoverable Reserves   | Balance Recoverable Reserves   |
|-------------------|---------------------------|---------------------------|---------------------------|---------------------|---------------------|---------------------|--------------------------------|--------------------------------|--------------------------------|
| Company           | Oil (MMT)                 | Gas (BCM)                 | O+OEG (MMT)               | Oil (MMT)           | Gas (BCM)           | O+OEG (MMT)         | Oil (MMT)                      | Gas (BCM)                      | O+OEG (MMT)                    |
| ONGC (Nomination) | 5009                      | 2204                      | 7213                      | 1433                | 1249                | 2683                | 431                            | 560                            | 992                            |
| OIL (Nomination)  | 806                       | 384                       | 1140                      | 252                 | 217                 | 440                 | 79                             | 125                            | 187                            |
| PSC+RSC regime    | 1081                      | 1246                      | 2327                      | 234                 | 738                 | 972                 | 84                             | 548                            | 633                            |
| CBM Regime        | 0                         | 280                       | 280                       | 0                   | 108                 | 108                 | 0                              | 106                            | 106                            |
| Total             | 6896                      | 4114                      | 10960                     | 1919                | 2313                | 4204                | 594                            | 1339                           | 1918                           |

O+OEG= Oil and Oil Equivalent of Gas

MMT- Million Metric Tonne

BCM - Billion Cubic Metre

| Year                         |   %Import Dependency (Crude Oil) |   %Import Dependency (Natural Gas) |
|------------------------------|----------------------------------|------------------------------------|
| 2015-16                      |                             80.6 |                               40.7 |
| 2016-17                      |                             81.7 |                               44.5 |
| 2017-18                      |                             82.9 |                               45.3 |
| 2018-19 (April- October) (P) |                             83.3 |                               47   |

P-Provisional

The details of product -wise consumption of petroleum products during the last three years and current year is Annexed .

- (c):   The quantum of crude oil and natural gas imported by India during the last three years and current year is as below:

| Year                       | Crude Oil Import (In MMT)   | Natural Gas Import (in MMSCM)   | Natural Gas Import (in MMSCM)                     |
|----------------------------|-----------------------------|---------------------------------|---------------------------------------------------|
|                            |                             | LNG import quantity             | Net domestic availability (net of flare and loss) |
| 2015-16                    | 202.9                       | 21388                           | 31129                                             |
| 2016-17                    | 213.9                       | 24686                           | 30848                                             |
| 2017-18                    | 220.4                       | 26328                           | 31731                                             |
| 2018-19 (April- October) P | 133.9                       | 16468                           | 18586                                             |

MMSCM - Million Metric Standard Cubic Metre

P- Provisional

MMT- Million Metric Tonne

- (d)  &  (e):  The  prices  of  petroleum  products  in  our  country  are  benchmarked  to international  product  prices.  The  price  of  petroleum  products  in  the  country  are higher/lower than other countries due to a variety of factors, including prevailing tax regime and subsidy compensation by the respective Governments.

## Product-wise consumption of Petroleum Products

## Annexure

| Product              | 2015-16   | 2016-17   | 2017-18   | 2018-19 (April-October) (P)   |
|----------------------|-----------|-----------|-----------|-------------------------------|
|                      |           |           |           | (MMT)                         |
| LPG                  | 19.6      | 21.6      | 23.3      | 14.1                          |
| Naphtha              | 13.3      | 13.2      | 12.9      | 8.1                           |
| MS                   | 21.8      | 23.8      | 26.2      | 16.4                          |
| ATF                  | 6.3       | 7.0       | 7.6       | 4.8                           |
| SKO                  | 6.8       | 5.4       | 3.8       | 2.1                           |
| HSD                  | 74.6      | 76.0      | 81.1      | 47.8                          |
| LDO                  | 0.4       | 0.4       | 0.5       | 0.3                           |
| Lubricants & Greases | 3.6       | 3.5       | 3.9       | 2.3                           |
| FO & LSHS            | 6.6       | 7.2       | 6.7       | 3.8                           |
| Bitumen              | 5.9       | 5.9       | 6.1       | 3.4                           |
| Petroleum coke       | 19.3      | 24.0      | 25.7      | 13.2                          |
| Others               | 6.4       | 6.6       | 8.3       | 5.8                           |
| TOTAL                | 184.7     | 194.6     | 206.2     | 122.1                         |

MMT (Million Metric Tonne) P=Provisional