Indigenously Sourced Petroleum

August 14, 2011 1:58 pm
Infrastructure
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Indigenous production and Import dependence percentage of petroleum products availability from domestic sources during the last three years i.e. 2008, 2009 and 2010 is given below:

Indigenous production and Import Dependence (%)

(Million Metric Tonne)

	2008-09	2009-10	2010-11
Total Consumption	133.6	138.2	141.8
Indigenous crude processing	28.8	28.9	33.3
Products from Indigenous crude	27.1	27.2	31.3
Products from Fractionators	4.2	4.4	4.2
Total Indigenous production	31.3	31.6	35.5
% Self Sufficient	23.4	22.8	25.0
% Import Dependence	76.6.	77.2	75.0

Under the PSC regime the position of reserves of oil and oil equivalent of natural gas (including CBM) as on 01.04.11 are as under:

Initial In-Place Reserves: 2029.38 MMT (O+OEG)
Ultimate Recoverable Reserves: 835.56 MMT (O+OEG).
Balance recoverable Reserves: 647.22 MMT (O+OEG).

No reserves of shale gas has yet been established. India is unlikely to become self-sufficient in meeting the growing demand for petroleum products from indigenous sources in near future.

This information was given by the Minister of State for Petroleum & Natural Gas Shri R.P.N. Singh in a written reply in the Rajya Sabha