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Imports of Petroleum/Natural Gas

The share of crude oil imports and domestic crude oil production in the total crude oil processing/annual consumption of crude in the country during the last three years and current year are given below:-

    (Quantity in Million Metric Tons (MMT)

Particulars 2017-18 2018-19 2019-20 2020-21

(Apr-Dec)(P)

Quantity of crude oil imports (MMT)-A 220.4 226.5 227.0 143.2
Quantity of domestic crude oil production  (MMT)-B 35.7 34.2 32.2 23.0
Total crude oil processing quantity/

Consumption of crude (MMT) –C#

251.9 257.2 254.4 160.4
Share of crude oil import as a percentage of total crude oil processing (%)-A/C% 87.5 88.1 89.2 89.3

# Total crude processed during a financial year is different from the sum of crude imported and processed during that year.

Source: Petroleum Planning & Analysis Cell, (P): Provisional

The quantity of Petroleum, Oil & Lubricants (POL) products import during the last three years and the current year is given below:

  2017-18 2018-19 2019-20 2020-21

(Apr-Dec)(P)

Total POL products import (in MMT) 35.5 33.3 43.8 32.0

Source: Oil companies & DGCI&S, (P): Provisional

Government has taken multiple steps to enhance exploration & production of oil and gas to reduce imports and make the country AtmaNirbhar through 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 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 bio CNG through Ethanol Blending, Bio-diesel blending and Sustainable Alternative Towards Affordable Transportation (SATAT) initiative  respectively.

This information was given by the Union Minister for Petroleum and Natural Gas Shri Dharmendra Pradhan in a written reply in the Lok Sabha today.

 

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