Lok Sabha Question No. 1192 (UNSTARRED), answered on 2015-12-07
Subject: Import of Crude Oil
Ministry: PETROLEUM AND NATURAL GAS
Asked by: GOPALAKRISHNAN CHINNARAJ, RAMACHANDRAN MULLAPPALLY, RODMAL NAGAR, RANGASWAMY DHRUVANARAYANA, ABHISHEK BANERJEE, VASANTHI M., DALPAT SINGH PARASTE, ASADUDDIN OWAISI, ALOK SANJAR

## LOK SABHA

## UNSTARRED QUESTION  NO. 1192 TO BE ANSWERED ON 07.12.2015

## Import of Crude Oil

1192.     DR. C. GOPALAKRISHAN:

SHRI MULLAPPALLY RAMACHANDRAN:

SHRI NAGAR RODMAL: SHRI R. DHRUVA NARAYANA: SHRI ABHISHEK BANERJEE: SHRIMATI VASANTHI M.: SHRI DALPAT SINGH PARASTE: SHRI ASADUDDIN OWAISI: SHRI ALOK SANJAR:

## पेट्रोलियम और प्राकलतिक गैस मंत्री

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

(a) the quantum of crude oil produced indigenously and imported in terms of rupee and foreign exchange spent on import of crude oil during the last three year and the current year  from  various  countries  including  Saudi  Arabia  and  other  Muddle  Est  countries, countries, country-wise;

(b) whether India's crude oil import bill has reduced drastically due to fall in international prices  of  crude  oil  and  if  so,  the  details  thereof  along  with  the  future  plan/estimate chalked out by Petroleum Planning and Analysis Cell in this regard;

(c)  whether the Government proposes to increase the import of crude oil and plan to incerease/new  strategic  crude  oil  storage  reserve  in  the  country  in  view  of  declining international  crude  oil  prices  and  if  so,  the  details  thereof  along  with  the  quantum  of crude oil stock created by the Government, location-wise;

(d) whether the political uncertainties in the Middle East region such as Iraq and Syria etc.  pose a serious threat to Indian energy security and also to increase the prices of petroleum products in future and if so, the concrete steps taken in this regard;

(e)  whether  the  recent  Iran-United  States  of  America  nuclear  deal  pose  to  lower  oil prices in the world and if so, the details thereof along with the present oil supplies being made  by  Iran  to  India  and  payment  made  in  terms  of  rupee  as  well  during  the  said period; and

(f) whether the Government proposes to change purchase/import policy of crude oil and gas through barter trade to avoid paying in dollars and if so, any bilateral talks held with gulf nations to imports crude oil/gas and if so, the details thereof, country-wise?

## पेट्रोलियम और प्राक ृ लतक गैस मंत्रािय में राज  ् य मंत्री ( स ् वतंत्र प्रभार ) ( श्री धमेन ् द्र प्रधान )

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

- (a):  The  details  of  crude  oil  produced  indigenously  from  2012-13  to  2015-16  (April  to September 2015) and import of crude oil from various countries during the said period along  with  the  details  of  foreign  exchange  spent  on  import  of  crude  oil  are  given  in Annexure I to III.
- (b): The price of crude oil and petroleum products in the international markets fluctuate on  a  daily  basis  depending  on  various  factors.  There  has  been  a  decline  in  the international oil prices since July 2014 and the details thereon is given in Annexure-III.
- (c): The  requirement  of crude oil imports 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.      The  Government,  through  Indian  Strategic  Petroleum Reserves  Limited  (ISPRL),  is  setting  up  Strategic  Crude  Oil  Reserves  with  storage capacity  of    5.33  Million  Metric  Tonnes  (MMT)  at  three  locations  viz.  Visakhapatnam (storage  capacity:  1.33  MMT),  Mangalore  (storage  capacity:  1.5  MMT)  and  Padur (storage  capacity:  2.5  MMT).  Filling  of  crude  in  Vishakhapatnam  storage  facility  has been completed. In order to further increase the Strategic  Crude Oil storage capacity, a detailed  feasibility report has been prepared for construction of additional 12.5 MMT of strategic crude oil storages in  Phase-II at four locations viz. Bikaner, Rajkot, Chandikhol and  Padur.
- (d): Public Sector Oil Companies have term contracts for supply of crude oil for its own and  associate  refineries,  with  various  National  Oil  Companies  (NOCs)  of  the  Middle East.  Supplies of crude oil from Middle East sources have by and large been smooth. Besides,  Public  Sector  Oil  Companies  have  made  significant  efforts  to  diversify  their crude oil supply sources from other regions as well.  India's crude oil import basket is continuously expanding over last few years.
- (e):   The price of crude oil and petroleum products in the international markets fluctuate on a daily basis depending on various factors. Further, the rupee payment arrangement with Iran is  in  place to  ease payment in respect of imports of oil and to help facilitate payment to exporters in rupees.
- (f):    While  there  is  no  existing  barter  arrangement  involving  import  of  crude  oil, Government continues to explore possibilities for such an arrangement.

*****

ANNEXURE  REFERRED  TO  IN  REPLY  TO  PART  (A)    OF  LOK  SABHA UNSTARRED QUESTION NO.1192 BY DR. C. GOPALAKRISHAN, SHRI MULLAPPALLY RAMACHANDRAN, SHRI NAGAR RODMAL,  SHRI R. DHRUVA NARAYANA,  SHRI  ABHISHEK  BANERJEE,  SHRIMATI  VASANTHI  M,  SHRI DALPAT SINGH PARASTE, SHRI ASADUDDIN OWAISI AND SHRI ALOK SANJAR TO BE ANSWERED ON 07.12.2015 REGARDING 'IMPORT OF CRUDE OIL'.

Details of crude oil produced from 2012-13 to 2015-16 (April to September 2015):

| Table 1 :Crude oil production for the last three years and current year   | Table 1 :Crude oil production for the last three years and current year   | Table 1 :Crude oil production for the last three years and current year   | Table 1 :Crude oil production for the last three years and current year   | Table 1 :Crude oil production for the last three years and current year   |
|---------------------------------------------------------------------------|---------------------------------------------------------------------------|---------------------------------------------------------------------------|---------------------------------------------------------------------------|---------------------------------------------------------------------------|
| Source                                                                    | 2012-13                                                                   | 2013-14                                                                   | 2014-15                                                                   | Apr-Sep 2015 (P)                                                          |
| ONGC 22.58                                                                |                                                                           | 22.23                                                                     | 22.27                                                                     | 11.24                                                                     |
| OIL 3.72                                                                  |                                                                           | 3.49                                                                      | 3.42                                                                      | 1.65                                                                      |
| Pvt. /JVs                                                                 | 11.64                                                                     | 12.07                                                                     | 11.78                                                                     | 5.79                                                                      |
| TOTAL                                                                     | 37.93                                                                     | 37.8                                                                      | 37.47                                                                     | 18.68                                                                     |

Source: Petroleum Planning and Analysis Cell (PPAC)

## Annexure-II

ANNEXURE  REFERRED  TO  IN  REPLY  TO  PART  (A)    OF  LOK  SABHA UNSTARRED QUESTION NO.1192 BY DR. C. GOPALAKRISHAN, SHRI MULLAPPALLY RAMACHANDRAN, SHRI NAGAR RODMAL,  SHRI R. DHRUVA NARAYANA,  SHRI  ABHISHEK  BANERJEE,  SHRIMATI  VASANTHI  M,  SHRI DALPAT SINGH PARASTE, SHRI ASADUDDIN OWAISI AND SHRI ALOK SANJAR TO BE ANSWERED ON 07.12.2015 REGARDING 'IMPORT OF CRUDE OIL'.

Import of Crude country-wise from 2012-13 to 2015-16 (April-September) (Provisional)

2015-16

| Region        | Sl.No.   | Country           | 2012-13    | 2013-14    | 2014-15    | (Million Metric Tonne) 2015-16 (April-September) (P)   |
|---------------|----------|-------------------|------------|------------|------------|--------------------------------------------------------|
| Middle East   | 1        | Iran              | 13.14      | 11.00      | 10.95      | 6.53                                                   |
| Middle East   | 2        | Iraq              | 24.04      | 24.63      | 24.51      | 17.01                                                  |
| Middle East   | 3        | Kuwait            | 18.90      | 20.35      | 17.85      | 5.31                                                   |
| Middle East   | 4        | Neutral Zone      | 0.00       | 0.00       | 0.00       | 0.00                                                   |
| Middle East   | 5        | Oman              | 0.66       | 2.07       | 0.77       | 0.00                                                   |
| Middle East   | 6        | Qatar             | 6.90       | 5.15       | 4.47       | 1.29                                                   |
| Middle East   | 7        | Saudi Arabia      | 36.69      | 38.18      | 34.99      | 19.56                                                  |
| Middle East   | 8        | Syria             | 0.00       | 0.00       | 0.00       | 0.00                                                   |
| Middle East   | 9        | UAE               | 14.47      | 13.98      | 16.11      | 7.48                                                   |
| Middle East   | 10       | Yemen             | 0.60       | 0.49       | 0.21       | 0                                                      |
|               |          | Sub Total         | 115.39     | 115.86     | 109.88     | 57.18                                                  |
| Africa        | 11       | Algeria           | 0.26       | 0.52       | 0.39       | 0.26                                                   |
| Africa        | 12       | Angola            | 8.74       | 8.18       | 7.13       | 4.53                                                   |
| Africa        | 13       | Cameroon          | 0.35       | 0.69       | 1.33       | 0.58                                                   |
| Africa        | 14       | Chad              | 0.49       | 0.00       | 0.28       | 0.82                                                   |
| Africa        | 15       | Congo             | 0.53       | 0.00       | 0.59       | 0.12                                                   |
| Africa        | 16       | Egypt             | 2.57       | 2.59       | 2.52       | 1.78                                                   |
| Africa        | 17       | Equatorial Guinea | 1.74       | 0.35       | 1.44       | 0.71                                                   |
| Africa        | 18       | Kenya             | 0.00       | 0.00       | 0.00       | 0                                                      |
| Africa        | 19       | Gabon             | 1.08       | 0.79       | 0.68       | 0.08                                                   |
| Africa        | 20       | Ivory Coast       | 0.00       | 0.00       | 0.00       | 0.15                                                   |
| Africa        | 21       | Libya             | 1.66       | 0.27       | 0.00       | 0.00                                                   |
| Africa        | 22       | Nigeria           | 12.07      | 16.36      | 17.82      | 11.59                                                  |
| Africa        | 23       | West Africa       | 0.00       | 0.00       | 0.00       | 0.00                                                   |
| Africa        | 24       | Sudan             | 0.08       | 0.64       | 0.85       | 0.09                                                   |
| Asia          | 25       | Sub Total Brunei  | 29.57 1.32 | 30.39 1.06 | 33.05 1.28 | 20.72 0.72                                             |
| Asia          | 26       | China             | 0.00       | 0.00       | 0.00       | 0.00                                                   |
| Asia          | 27       | Malaysia          | 2.02       | 2.19       | 3.47       | 1.53                                                   |
| Asia          | 28       | Singapore         | 0.00       | 0.00       | 0.00       | 0.00                                                   |
| Asia          | 29       | South Korea       | 0.00       | 0.00       | 0.00       | 0.00                                                   |
| Asia          | 30       | Japan             | 0.00       | 0.15       | 0.00       | 0.32                                                   |
| Asia          | 31       | Pakistan          |            |            |            | 0.05                                                   |
| South America |          | Sub Total         | 3.34       | 3.39       | 4.75       | 2.61                                                   |
|               | 32       | Brazil            | 3.78       | 3.41       | 4.14       | 2.32                                                   |
|               | 33       | Columbia          | 2.80       | 6.31       | 4.16       | 0.73                                                   |
|               | 34       | Equador           | 1.28       | 0.28       | 1.61       | 1.46                                                   |
|               | 35       | Panama            | 0.00       | 0.00       | 0.00       | 0.00                                                   |
|               | 36       | Argentina         | 0.00       | 0.15       | 0.15       | 0.09                                                   |
|               | 37       | Venezuela         | 21.91      | 21.58      | 24.40      | 10.89                                                  |
|               |          | Sub Total         | 29.77      | 31.73      | 34.46      | 15.49                                                  |
| Eurasia       | 38       | Azerbaijan        | 2.20       | 1.39       | 1.09 0.54  | 0.27 0.41                                              |
| Eurasia       | 39       | Kazakhstan        | 0.00 0.15  | 0.54       |            |                                                        |
| Eurasia       | 40       | Russia            |            | 0.13       | 0.27       | 0.28                                                   |
|               | 41       | Norway            | 0.00       | 0.00       | 0.00       | 0 0.96                                                 |
| North America | 42       | Sub Total Canada  | 2.35 0.05  | 2.06 0.20  | 1.90 0.16  | 0.04                                                   |
| North America | 43       | Mexico            | 4.06       | 4.94       | 5.06       | 2.04                                                   |
| North America | 44       | Guatemala         | 0.00       | 0.04       | 0.00       | 0.00                                                   |
|               |          | Sub Total         | 4.11       | 5.17       | 5.22       | 2.08                                                   |
|               | 45       | Turkey            | 0.00       | 0.00       | 0.00       | 0                                                      |
|               | 46       | UK                | 0.00       | 0.00       | 0.00       | 0                                                      |
| Europe        | 47       | Albania           | 0.04       | 0.26       | 0.08       | 0                                                      |
|               |          | Sub Total         | 0.04       | 0.26       | 0.08       | 0                                                      |
|               | 48       | Australia         | 0.23       | 0.37       | 0.09       | 0.33                                                   |
| Australia     |          | Total             | 184.80     | 189.24     | 189.44     | 99.36                                                  |

| ANNEXURE REFERRED TO IN REPLY TO PART (A) & (B) OF LOK SABHA     |
|------------------------------------------------------------------|
| UNSTARRED QUESTION NO.1192 BY DR. C. GOPALAKRISHAN, SHRI         |
| MULLAPPALLY RAMACHANDRAN, SHRI NAGAR RODMAL, SHRI R. DHRUVA      |
| NARAYANA, SHRI ABHISHEK BANERJEE, SHRIMATI VASANTHI M, SHRI      |
| DALPAT SINGH PARASTE, SHRI ASADUDDIN OWAISI AND SHRI ALOK SANJAR |
| TO BE ANSWERED ON 07.12.2015 REGARDING 'IMPORT OF CRUDE OIL'.    |

## Import of crude oil and foreign exchange spent

|                         | Quantity      | Value         | Value        |
|-------------------------|---------------|---------------|--------------|
| Year                    | Million tonne | US$ (Billion) | Rs. (Crores) |
| 2012-13                 | 184.80        | 144.3         | 784652       |
| 2013-14                 | 189.24        | 143.0         | 864875       |
| 2014-15                 | 189.44        | 112.7         | 687416       |
| April-September 2015(P) | 99.36         | 38.6          | 247341       |

Source: Petroleum Planning and Analysis Cell (PPAC)

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