OIL AND GAS INDUSTRY IN INDIA

Mr.Dharmendra Pradhan
Minister Of Oil And Natural Gas
Government Of India
First Oil Deposits In The Country

 CRUDE OIL : Discovered near the town of digboi in the

State of Assam in 1889

 NATURAL GAS : Discovered in Assam and Gujarat in 1960

Oil reserves as on 2019

 As of April,2019, the oil refining capacity Of india Stood at 249.4 million

tonnes,making it the second largest Refiner in India.
Oil And Gas Exploration

 Oil and natural gas corporation limited(ONGC) produces around 77% of Indian
crude oil(equivalent to around 30% of the country’s total demand) and around
62% of its natural gas.
Where India Stands Today

 India is third largest energy and oil consumer In the world after China and us

 It is the fourth largest Importer of Liquefied Natural gas(LNG).

 Inida aims to reduce oil and gas dependence by 10% by 2022

 India Retails Business Stats
 More than 60,000 fuel stations in India.

 Major fuel sations rank by india

26,489 14,675 14,161 3,980 1,400

Oil Refining

 Total oil refining capacity in India stood at 249.4 metric tons In 2019.

 23 crude oil in India They are : 18 are state owned, 3 are private owned, 2
are joint ventures

 Major refineries are owned by

1. Indian oil corporation limited.
2. Hindustan petroleum corporation limited.
3. Bharat petroleum corporation limited.
4. Bharat Oman refiner limited.
India Plans To Be Self Dependent

 The country’s gas production is expected to touch 90 billion cubic

metere(BCM) in 2040 from 21.3 BCM.

 India imports 82% of its oil needs and aims to bring that down to 67% by 2022
by replacing it with local exploration renewable energy and indigenous
ethanol fuel.
Investment And Initiatives

 Saudi Aramco is expected to invest in refineries and petrochemicals in India.

 State owned oil and natural gas corporation (ONGC) to increase crude oil
production by 4 million tons and double natural gas production by 2020.
 State Run oil firms are planning investments worth Rs.723 cross(us 111.30
million) to improve the liquefied petroleum gas(LPG) infrastructure.
 The oil ministry plans to setup bio CNG(compressed natural gas) plants and
associated infrastructure (us 1.16) billion.
THANK YOU by
19031E0035
19031E0033