Hydrocarbon Vision 2025 envisaged a GDP growth of 5-6% for the E&P sector along

with demand supply scenario of oil & gas in India. Current GDP growth of 6-7% translate
into overall energy demand growth at CAGR of around 6.50%. Given Indias growing energy
requirements & unlikelihood of matching increase in the domestic supplies, despite some
significant oil & gas finds recently, the import dependence is only going to accentuate sharply
in the coming years.
Coal, oil and natural gas are the most important sources of primary energy in India.
Shortage in supply of these hydrocarbons is forcing the country to increase its import bill.
While India still remains highly dependent on oil imports, it is important to note that supply
of natural gas, which was expected to alleviate our energy security from the new domestic
driven by accelerated capacity addition in power generation and decline in domestic coal
production, Indias imports of coal have risen.