REFINING CAPACITY AND PRODUCTION
- There has been considerable increase in refining capacity in the country over the years, although during 2013-14 there was no substantial capacity expansion.
- The refining capacity stood at 215066 Million Metric Tonnes Per Annum (MMTPA) as on 01.04.2014.
- Refinery Crude Throughout (Crude Oil Processed) for the year 2013-14 was about 497 MMT as against 219.212 MMT of the previous year 2012-13, showing a marginal increase of about 1.50%.
- Production of petroleum products from Indian refineries has gone up from 217.736 MMT in 2012-13 to 756 MMT during 2013-14 i.e. higher by 1.39% as compared to the previous year.
- During the year, keeping pace with the economic growth trend, the consumption of petroleum products in India has grown by only 0.73% and rose to 197 MMT during 2013-14.
- During 2013-14:
- Consumption of LPG increased by 4.71%
- Petroleum Coke increased by 14.96%
- M5 increased by 8.79%
- AFT increased by 4.44%
- The consumption of Naphtha declined by 6.79%,
- Kerosene declined by 4.49%,
- HSD declined by 1.03%,
- Fuel Oil declined by 19.11%
- Lube declined by 22.34%
During the year 2013-14 the import of crude oil was 189,238 MMT valued at 8,641,875 crore, an increase of about 2.40% in quantity terms and 10.22% in value terms.
NON-CONVENTIONAL ENERGY
- ETHANOL BLENDED PETROL: The Government had started the Ethanol Blended Petrol (EBP) Programme in 2003. In 2006, the same was extended to the entire country, except the North Eastern States, Jammu & Kashmir, Andaman & Nicobar Islands and Lakshdweep. Government decided on 22.11.2012 that 5% mandatory ethanol blending with Petrol is to be implemented across the country.
- BIO-DIESEL PURCHASE POLICY: Ministry of Petroleum and Natural Gas had launched bio-diesel policy on 1st January 2006. Under this policy, OMCs would purchase bio-diesel, meeting the prescribed BIS standard, at a uniform price, for blending with High Speed Diesel (HSD) to the extent of 5% at identified 20 purchase centres across the country.
OIL AND NATURAL GAS CORPORATION LIMITED
- ONCG is engaged in exploration and production of crude oil, natural gas and value added products.
- It was incorporated on June 23, 1993 under Companies Act 1956, pursuant to Government’s decision to transform the statutory Commission into a Public Limited Company, through an Act of Parliament.
ONGC VIDESH LIMITED (OVL)
- OVL is engaged in exploration and production of oil and gas outside India.
- OVL was incorporated as Hydrocarbons India Limited on March 5, 1965 to perform international exploration and production business.
- The Company was rechristened as ONGC Videsh Limited from 1989.
- The Company has participated either directly or through its wholly owned subsidiaries / joint venture companies in 30 projects in 15 countries of which 9 projects are operated by OVL, 7 projects are jointly operated and 14 projects managed through participating interest.
- Some of the OVL projects in 8 countries are: Russia (Sakhalin-1 and Imperial Energy), Syria (Al-Furat Petroleum Co.), Vietnam (Block 06.1), Colombia (MECL), Sudan (Greater Nile Petroleum Operating Company), South Sudan (Greater Pioneer Operating Company and Sudd Petroleum Operating (Company), Venezuela (San Cristobal) and Brazil (BC-10).
- OVL has drawn an ambitious ‘Perspective Plan, 2030’ eyeing more than six fold increase in production from about 9 MMTOE during current fiscal to 60 MMTOE per annum by 2030.
