Lok Sabha Question No. 1940 (UNSTARRED), answered on 2023-12-14
Subject: Rising Import of Crude Oil
Ministry: PETROLEUM AND NATURAL GAS
Asked by: D. M. Kathir Anand

## LOK SABHA UNSTARRED QUESTION No. 1940 TO BE ANSWERED ON 14 th  December, 2023

## Rising Import of Crude Oil

1940. SHRI D.M. KATHIR ANAND:

## पेोिलयम और ाकृितक गैस मंी

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

- (a) whether it is true that the import of crude oil in the country is on the rise and has touched twelve lakh crores in 2023;
- (b)  if  so,  the  details  of  the  import  during  the  last  three  years  and  the  current year, year-wise;
- (c) whether the Government has any data of the total expenditure made by India in terms of INR on crude oil import;
- (d) if so, the details thereof during the last five years and the current year, yearwise; and
- (e) the steps taken by the Government to deal with the said situation?

## ANSWER पेोिलयम और ाकृितक गैस मंालय म राज् य मंी

## ( ी रामेश् वर तेली ) MINISTER OF STATE IN THE MINISTRY OF PETROLEUM & NATURAL GAS (SHRI RAMESWAR TELI)

- (a) to (d): The quantity of crude oil imported in India during the last three years and the current year is as under:-

| Financial Year                                              | Quantity in Million Metric Tonnes (MMT)                     |
|-------------------------------------------------------------|-------------------------------------------------------------|
| 2020-21                                                     | 196.5                                                       |
| 2021-22                                                     | 212.4                                                       |
| 2022-23                                                     | 232.7                                                       |
| 2023-24 (April-October) (P)                                 | 134.4                                                       |
| Source: Petroleum Planning& Analysis Cell, (P): Provisional | Source: Petroleum Planning& Analysis Cell, (P): Provisional |

The  value  of  crude  oil  imported  in  India  during  the  last  five  years  and  the current year is as under:-

| Financial Year                                              | Value in ₹ Crore                                            |
|-------------------------------------------------------------|-------------------------------------------------------------|
| 2018-19                                                     | 783183                                                      |
| 2019-20                                                     | 717001                                                      |
| 2020-21                                                     | 459779                                                      |
| 2021-22                                                     | 901262                                                      |
| 2022-23                                                     | 1260372                                                     |
| 2023-24 (April-October) (P)                                 | 623188                                                      |
| Source: Petroleum Planning &Analysis Cell, (P): Provisional | Source: Petroleum Planning &Analysis Cell, (P): Provisional |

(e):  Government  works  in  collaboration  with  various  stakeholders  to  achieve reduction  in  import  dependency  on  oil.  Since  2014,  Government  has  taken multiple  steps  to  reduce  country's  oil  import  dependency  through  refinery process improvements and various policies under Production Sharing Contract (PSC)  regime,  Discovered  Small  Field  Policy,  Hydrocarbon  Exploration  and Licensing Policy, Setting up of National Data Repository, etc. Government has also  provided  functional  freedom  to  National  Oil  Companies  and  encouraged wider private sector participation by streamlining approval processes including electronic single window mechanism.

Government has launched National Biofuel Policy, 2018, to boost availability of biofuels in country and use of alternative fuels like ethanol, bio-diesel and bioCNG through Ethanol Blending, Bio-diesel blending and Sustainable Alternative Towards Affordable Transportation (SATAT) initiative respectively.  The country has already achieved the target of 12 per cent average blending  of  ethanol  in  Petrol  under  Ethanol  Blended  Petrol  Programme  in Ethanol  Supply  Year  (ESY)  2022-23  and  has  saved  approximately  509  crore litres of petrol in 2022-23 alone.

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