Lok Sabha Question No. 120 (STARRED), answered on 2016-05-02
Subject: Exploration and Production in Petroleum Sector
Ministry: PETROLEUM AND NATURAL GAS
Asked by: SANJAY SHAMRAO DHOTRE, BHARTRUHARI MAHTAB

## LOK SABHA STARRED QUESTION NO. 120* TO BE ANSWERED ON 2 nd  MAY, 2016

## EXPLORATION AND PRODUCTION IN PETROLEUM SECTOR *******

- *120. SHRI SANJAY DHOTRE: SHRI  BHARTRUHARI MAHTAB:

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

- (a) the investment made by the domestic and foreign companies in exploration and production of natural gas, refineries and marketing and LNG re-gasification in the country during each of the last three years, company-wise; and
- (b) the  details  of  schemes/programmes  being  implemented  by  the  Government  to  attract domestic  and  foreign  investment  in  the  Hydrocarbon  sector  along  with  the  extent  of success achieved therefrom, scheme/programme wise?

## ANSWER

## पेट्रोलियम और प्राक ृ तिक गैस मंत्रािय में राज् य मंत्री ( स् विंत्र प्रभार ) ( श्री धमेन् द्र प्रधान )

MINISTER OF STATE (I/C) IN THE MINISTRY OF PETROLEUM & NATURAL GAS (DHARMENDRA PRADHAN)

- (a) and (b) A Statement is laid on the Table of the House.

## Statement referred to part (a) and (b) of Lok Sabha Starred Question No.120 for reply on 02.05.2016

- (a):  Company  wise  investment  made  by  the  oil  &  gas  CPSEs  in  Exploration  and  Production sector in the last three years is at Annexure - I. Investment made by other oil & gas companies in PSC regime in Exploration and Production sector is at Annexure - II. Investment made by oil & gas companies in refineries and marketing and LNG re-gasification in the country during the last three years is at Annexure - III.
- (b):  Government  provides  policy  support  and  enabling  environment  to  attract  investment  in hydrocarbon sector. Some of the existing policies and investment made under these policies are given below:

| Policy                                  | Investment made   | Success / Achievement                                                            |
|-----------------------------------------|-------------------|----------------------------------------------------------------------------------|
| New Exploration Licensing Policy (NELP) | US$ 25.05 Billion |  Crude oil production of about 5154 bopd  Natural gas production of 11.2MMSCMD |
| Coal Bed Methane (CBM) Policy           | US$ 1.167 Billion |  CBM production of 1.1MMSCMD                                                    |
| Shale Gas Policy                        | Rs.192 crore      |  18 wells drilled till date and exploration is in progress                      |

The  Government  has  liberalized  Foreign  Direct  Investment  (FDI)  policy  in  order  to  attract foreign  investment  in  hydrocarbon  sector.  FDI  in  exploration  and  refining  sector  is  allowed under  the  automatic  route  with  100%  equity  for  private  companies,  subject  to  the  existing sectoral policy and regulatory framework. Since the liberalization of the policy, Rs.21178 crore of FDI in-flow has been made in the hydrocarbon sector during 2010-11 to 2015-16.

Recently, Government has taken several policy decisions and reforms in the hydrocarbon sector including new Hydrocarbon Exploration and Licensing Policy (HELP), Discovered Small Field Policy, Marketing and pricing freedom for new gas production from Deepwater, Ultra Deepwater and High Pressure-High Temperature area, extension of Production Sharing Contracts of small and  medium  size  fields,  early  monetization  of  Hydrocarbon  discoveries,  policy  on  testing requirements for discoveries in NELP blocks, etc. in order to encourage investment and boost exploration and production of hydrocarbon in India.

*****

Statement showing investment made by oil and gas CPSEs in Exploration & Production (E&P) Sector in India as referred in part (a) of Lok Sabha Starred Question No. 120 to be answered on 02.05.2016

(Rs. in crore)

| Name of the Company                  |   2013-14 |   2014-15 |   2015-16 |
|--------------------------------------|-----------|-----------|-----------|
| Oil &Natural Gas Corporation Ltd.    |  32469.5  |  29997.5  |  29501.9  |
| Oil India Ltd.                       |   2334    |   2263    |   2649    |
| Gas Authority of India Ltd.          |    239.11 |     68.23 |     25.33 |
| Indian Oil Corporation Ltd.          |    262.38 |    292.96 |    240.86 |
| Hindustan Petroleum Corporation Ltd. |    197.27 |     17.61 |     22.13 |
| Bharat Petroleum Corporation Ltd.    |     22.51 |     74.48 |     25    |
| Total                                |  35524.8  |  32713.7  |  32464.2  |

## Annexure-II

Statement showing investment made by other oil and gas companies in Exploration & Production Sector (E&P) under PSC regime in India as referred in part (a) of Lok Sabha Starred Question No. 120 to be answered on 02.05.2016

(Rs. in crore)

| Name of the Company                                     |   2012-13 |   2013-14 |   2014-15 |
|---------------------------------------------------------|-----------|-----------|-----------|
| Adani Welspun Exploration Ltd.                          |      0.03 |      3.01 |     99.28 |
| Andhra Pradesh Gas Infrastructure Corporation Pvt. Ltd. |      0.91 |     13.19 |     33.8  |
| Assam Company Ltd.                                      |      0    |      0.02 |      0    |
| Bengal Energy International Inc.                        |      0    |      1.55 |      0.92 |
| BF Infrastructure Ltd.                                  |      0    |      1.84 |      4.37 |
| Bharat Petro Resources Ltd                              |     15.49 |     11.82 |     42.35 |
| BHP Billiton Pty. Ltd.                                  |      2.68 |     67.54 |      3.11 |
| BP Exploration (Alpha)                                  |    176.92 |    961.4  |     94.89 |
| British Gas Exploration and Production (India) Ltd.     |    582.49 |    885.2  |    343.36 |
| Cairn Energy Discovery Ltd                              |      0.14 |      0.25 |      0.08 |
| Cairn Energy Gujarat Block - 1                          |      0.58 |      6.15 |      1.24 |
| Cairn Energy Hydrocarbons Ltd                           |    829.94 |   1386.93 |   2272.64 |
| Cairn Energy India Pty Ltd.                             |    935.8  |   1796.85 |   3117.54 |
| Engineers India Ltd.                                    |      0    |      2.45 |      4.99 |
| ENI (India) Ltd.                                        |      8.4  |      6.55 |      6.62 |
| Ensearch                                                |     12.33 |      1.83 |     19.45 |
| Essar Oil Ltd.                                          |      0    |      3.33 |      0.68 |
| Esveegee Steel (Gujarat) Pvt. Ltd.                      |      0    |     53.87 |      0    |
| Focus Energy Ltd.                                       |      0    |     42.56 |      0    |
| Frost International Ltd                                 |      0    |      0.27 |      2.12 |
| Geo Enpro                                               |      8.97 |      9.56 |      2.33 |
| Geo-Global Resources Inc.                               |    358.95 |    276.55 |    162.27 |
| Geo-Petrol International Inc.                           |     22.43 |     23.9  |      5.81 |
| Gujarat State Petroleum Corporation Ltd.                |   2924.56 |   2478.41 |   1094.33 |
| Hardy Exploration &Production (India) Inc.              |      0    |      0.89 |      0    |
| Heramac Ltd.                                            |      0    |     14.39 |      7.9  |
| Hindustan Oil Exploration Company Limited.              |      5.9  |     48.02 |    -14.43 |
| HPCL- Mittal Energy Ltd.                                |      0.38 |      0.33 |     29.84 |
| IMC Limited                                             |      0    |      0    |      0.44 |
| Interlink Petroleum Ltd.                                |     10.53 |      4.32 |      0    |
| iServices Investment Ltd.                               |      0    |    276.61 |      0    |
| Jaiprakash Associates Ltd.                              |     23.45 |      0.58 |      0    |
| Joshi Tech. Inc.                                        |      0    |     59.11 |      0    |
| Jubilant Energy (Kharsang) Pvt. Ltd.                    |     22.43 |     24.15 |      5.81 |
| Jubilant Enpro Pvt. Limited.                            |      0    |      1.08 |      0.29 |
| Jubilant Offshore Drilling Pvt. Ltd.                    |      0    |      0.52 |      0    |

| Jubilant Oil &Gas Private Limited.        |   358.95 |   270.83 |   119.35 |
|-------------------------------------------|----------|----------|----------|
| Jubilant Securities Pvt. Ltd.             |     0    |     1.11 |     1.27 |
| Mercator Petroleum Private Limited.       |     3.72 |     4.41 |     0    |
| Monnet Ispat &Energy Ltd.                 |     0    |     1.84 |     3.12 |
| National Thermal Power Corporation        |     0.91 |     5.07 |    25.94 |
| Newbury Oil Company Ltd.                  |     0    |   106.39 |     0    |
| Niko Resources Limited.                   |    58.83 |   234.67 |    28.2  |
| Nobel Energy International Limited.       |     0    |     0.61 |     0.3  |
| Oilex-NL Holdings Ltd                     |     0    |    15.89 |     0    |
| Omkar Naturals Resources Pvt. Ltd.        |     0    |     0.04 |     2.14 |
| Pan India Consultants                     |     0    |     0.07 |     0.53 |
| Petrobras                                 |     0    |   397.31 |    21.32 |
| Petrogas                                  |     0.03 |     0.27 |     0    |
| Prize Petroleum Company Ltd.              |     2.61 |     0.87 |     0.22 |
| Ravva Oil Pte. Ltd.                       |     4.25 |    88.62 |    57.24 |
| Reliance Industries Ltd.                  |   659.31 |  2526.81 |   479.52 |
| Santos International Operations Pty. Ltd. |    12.61 |     5.93 |     8.05 |
| Selan Expl. Tech. Ltd.                    |     0    |    82.03 |     0    |
| Shiv - Vani                               |     0    |     9.51 |    19.82 |
| Tata Petrodyne Ltd.                       |    26.56 |     4.76 |     7.73 |
| Videocon Petroleum Limited.               |     8.49 |   177.24 |   114.47 |
| Total                                     |  7079.61 | 12399.3  |  8231.25 |

## gasification as referred in part (a) of Lok Sabha Starred Question No. 120 to be answered on 02.05.2016

(Rs. in crore)

| Name of the Company                       | Refinery &Marketing   | Refinery &Marketing   | Refinery &Marketing   | LNGRe-gasification   | LNGRe-gasification   | LNGRe-gasification   |
|-------------------------------------------|-----------------------|-----------------------|-----------------------|----------------------|----------------------|----------------------|
|                                           | 2013-14               | 2014-15               | 2015-16               | 2013-14              | 2014-15              | 2015-16              |
| Indian Oil Corporation Ltd.               | 10048.78              | 13230.90              | 10878.09              | 11.09                | 16.70                | 490.04               |
| Hindustan Petroleum Corporation Ltd.      | 5609.26               | 4834.77               | 5572.48               | 5.00                 | 2.00                 | 4.50                 |
| Bharat Petroleum Corporation Ltd.         | 5602.22               | 8565.20               | 9760.64               | -                    | -                    | -                    |
| Chennai Petroleum Corporation Ltd.        | 339.00                | 526.01                | 1321.60               | -                    | -                    | -                    |
| Mangalore Refineries &Petrochemicals Ltd. | 1253.34               | 1222.79               | 1165.91               | -                    | -                    | -                    |
| Numaligarh Refinery Ltd.                  | 456.44                | 245.27                | 241.00                | -                    | -                    | -                    |
| Gas Authority of India Ltd.               | -                     | -                     | -                     | 1.61                 | 28.09                | 0.00                 |
| Petronet LNG                              | -                     | -                     | -                     | 1037.00              | 1021.00              | 809.00               |
| Hazira LNG                                | -                     | -                     | -                     | 110.71               | 4.67                 | 0.49                 |
| Ratnagiri Gas &Power Pvt. Ltd. -LNG       | -                     | -                     | -                     | 132.65               | 0.74                 | 4.88                 |
| Total                                     | 23309.04              | 28624.94              | 28939.72              | 1298.06              | 1073.20              | 1308.91              |