Presented By:

Ram Narayan Vedula PP15148

Priyanka Sen PP15150
Aniket Chourasia PP15156
T. Nagababu PP15164
Monika Ganipisetty PP15180
Soumik Dey PP15193
 Contents

1. Profile of Petroleum and Natural Gas Industry

2. Growth of Petroleum And Natural Gas Industry

3. Companies and Their Market Share

4. Current Import and Export Scenario

5. Conclusion
 Profile of Petroleum and Natural Gas Industry
India Has total reserves of 762.74 MMT of Crude Oil and
1427.15 BCM of Natural Gas as on 31.03.14
 Profile of Petroleum and Natural Gas Industry

As on 31.03.14 there were a total of 22 refineries in the country, 17

in the Public Sector, 3 in the private sector and 2 in joint venture.
Growth of Petroleum and Natural Gas Industry

There was increase of 0.57% in the estimated reserve of crude oil

for the country as a whole by 31st March, 2014 as compared to the
position a year ago.

In case of Natural Gas, the increase in the estimated reserves over

the same period was 5.34%.

Production of crude petroleum increased from 32.19 MTs during

2005-06 to 37.79 MTs during 2013-14, a Compound Annual Growth
Rate of about 1.80%.

The CAGRs for natural gas was 1.06%.

Companies and Their Market Share
Companies and Their Market Share
 Current Import and Export Scenario
India is highly dependent on import of crude oil. Net imports of
crude oil have increased from 99.41MTs during 2005-06 to 189.24
MTs during 2013-14.

Although more than 70% of its crude oil requirements and part of
the petroleum products is met from imports, India has developed
sufficient processing capacity over the years to produce different
petroleum products so as to become a net exporter of petroleum
products.

The export of petroleum product has increased from 23.46 MT

during 2005-06 to 67.86 MTs during 2013-14. During 2013-14
exports recorded an increase of 7.02% from previous year.
 Conclusion
A countrys economic growth is closely correlated to the energy
demand. Consequently, the demand for oil and gas, which is one
of the main sources of meeting energy requirements, is expected
to increase further.

The Indian government is looking forward to promoting a plan for

the sustainable development of the oil and gas sector, and
investments in research and development (R&D) activities in
alternative fuels segment so as to prevent the depletion of the
countrys natural reserves.