Professional Documents
Culture Documents
October 2007
www.ibef.org
OI L & G A S
October 2007
Contents
Profile of Indian Oil & Gas Sector Policy & Regulation Opportunities in the Indian Oil & Gas Sector
www.ibef.org
Institutional arrangements
Ministry of Petroleum & Natural Gas Upstream: Exploration & Production ONGC Mangalore Refineries & Petrochemicals (Refining) ONGC Videsh Limited (Overseas E&P) Oil India Limited Private E&P Players: Cairn, RIL, NIKO, etc Downstream: Refining & Marketing Hindustan Petroleum (Refining & Marketing) GGSR (Refining) Indian Oil (Refining & Marketing) IBP (Marketing) Chennai Petro (Refining) Bongaigaon Refineries (Refining) Bharat Petroleum (Refining & Marketing) Kochi Refinery (Refining) Engineers India Limited Numaligarh Refineries (Refining) Gail Gas Transport & Petrochemicals Reliance India Limited (Refining & Marketing) Industry Bodies/others:
Petroleum Planning & Analysis Cell Centre for High Technology Petroleum Conservation Research Association Petro Fed Oil Industry Safety Directorate Petroleum India International
Just over 60% of potential in oil sector has been explored so far
Status of Exploration in India
21%
44% 15%
20%
2000
1990
n ONGC
n OIL
n Pvt/JV
n ONGC
n Oil
n Pvt/JV
2005-06
2004-05
2003-04
2002-03
2001-02
n Onshore
n Offshore
2005-06
2004-05
2003-04
2002-03
2001-02
n Onshore
n Offshore
Most of it is in public sector, with Reliance Petroleum as a major player in the private sector
In the liberalised scenario, the GoI has opened the refining sector to Joint Sector as well as to the private sector for achieving faster growth About 27 MTPA additional capacity is planned to come up under PSUs. Under joint venture, 43 MTPA capacity will be added in the next 5-6 years. This will be contributed by IOCLs tie up with Kuwait Petroleum Company for one refinery, HPCLs tie-ups with Oman Oil Company and Saudi Aramco for two refineries and BPCLs tie-ups with Oman Oil Company and Shell International for two refineries.
Playerwise details (As on 1st April 2006)
000 Tonnes
Installed capacity Public sector IOCL BPCL HPCL KRL CPCL BRPL NRL ONGC MRPL Private sector Reliance 33,000 41,350 12,000 13,000 7,500 10,500 2,350 3,000 78 9,690
Refinery crude throughput 38,522 10,298 14,229 6,939 10,362 2,356 2,133 93 12,014 33,163
52%
n Hydel n NG
* As on 01.04.06
Year Demand 2001-02 2006-07 2011-12 2024-25 151.00 231.00 313.00 391.00
Natural gas (MMSCMD) Supply 81.40 94.84 158.05 170.00 Gap 69.60 136.16 154.95 221.00
www.ibef.org
PO L I C Y & R E G U L AT I O N
OIL & GAS October 2007
PO L I C Y & R E G U L AT I O N
OIL & GAS October 2007
PO L I C Y & R E G U L AT I O N
OIL & GAS October 2007
PO L I C Y & R E G U L AT I O N
OIL & GAS October 2007
PO L I C Y & R E G U L AT I O N
OIL & GAS October 2007
PO L I C Y & R E G U L AT I O N
OIL & GAS October 2007
PO L I C Y & R E G U L AT I O N
OIL & GAS October 2007
PO L I C Y & R E G U L AT I O N
OIL & GAS October 2007
www.ibef.org
Reliance ONGC Gail India Essar Oil Indian Oil BPCL HPCL
21.41
0.46
0.17
16.09
22.18
0.02 14.36 13.43
OI L & G A S
October 2007
DISCLAIMER
This presentation has been prepared jointly by the India Brand Equity Foundation (IBEF) and ICRA Management Consulting Services Limited, IMaCS (Authors). All rights reserved. All copyright in this presentation and related works is owned by IBEF and the Authors. The same may not be reproduced, wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation), modified or in any manner communicated to any third party except with the written approval of IBEF. This presentation is for information purposes only. While due care has been taken during the compilation of this presentation to ensure that the information is accurate to the best of the Authors and IBEFs knowledge and belief, the content is not to be construed in any manner whatsoever as a substitute for professional advice. The Author and IBEF neither recommend or endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed in this presentation. Neither the Author nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation.
www.ibef.org