MINISTER PETROLEUM AND NATURAL GAS
(SHRI DHARMENDRA PRADHAN)
(a) The details and the price of crude oil imported during the last three years are as under:
Years
2016-17
2017-18
2018-19
2019-2020 (till 10th March 2020)
Oil Imports (in Million Metric Tonne)
213.93
220.43
226.50
188.40
Aggregated Price of Crude Oil (US$ per barrel)
47.56
56.43
69.88
62.60
India imported crude oil from many countries including Iraq, Saudi Arabia, Nigeria, United Arab Emirates, USA, Kuwait, Mexico, Qatar, Angola, Oman, Russia, Egypt, Columbia, Azerbaijan, Algeria, Norway, Gabon, Cameroon, Malaysia.
(b) to (d) Prices of petrol and diesel have been made market-determined by the Government with effect from 26.06.2010 and 19.10.2014 respectively. Since then, the Public Sector Oil Marketing Companies (OMCs) take appropriate decision on pricing of petrol and diesel in line with international product prices, exchange rate, tax structure, inland freight and other cost elements.
The prices of petroleum products in the country are linked to the price of respective products in the international market and not to crude oil. The Government continues to modulate the effective price to consumer for Subsidized Domestic LPG and retail selling price of PDS Kerosene and the consumers get the products at subsidized rate.
The prices of petrol and diesel since 2017-18 are available at the website of Petroleum Planning and Analysis Cell (PPAC) i.e. www.ppac.org.in and the prices of PDS Kerosene are available at the website of IOCL i.e. www.iocl.com.
(e) The actual subsidies/under-recoveries for kerosene and cooking gas for the last three financial years in comparison to budget estimates (revised estimates) is given below:-
(in ? crore)
Particulars
2016-17
2017-18
2018-19
Budget Estimates (Revised estimates)
26,704
24,070
24,066
Actual Subsidy/under-recovery
26,803
28,249
43,129
(f) The PAHAL (DBTL) scheme, 2014 has been implemented in the entire country effective from 1st January 2015. Government of Jharkhand started implementation of Direct Benefit Transfer in PDS Kerosene (DBTK) scheme with effect from 1.7.2017.
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