(a) the estimated reserves of petroleum along with the percentage of exploration undertaken
so far in the country;
(b) the total requirement and demand of various petroleum products in the country;
(c) the percentage of total requirement/demand of petroleum products being met through
indigenous sources and their import in the country, separately; and
(d) the steps taken/proposed by the Government to reduce import ratio and augment production
of petroleum products indigenously?
MINISTER OF STATE IN THE MINISTRY OF PETROLEUM & NATURAL GAS (SHRIMATI PANABAAKA LAKSHMI)
(a) As per a study done by ONGC in the year 1993, the hydrocarbon resources of 15
sedimentary basins out of a total of 26 sedimentary basins in India, is about 28
Billion Tonnes of oil and oil equivalent. Out of these, in-place reserves of about
9.84 Billion Tonnes (i.e. 35%) have been established as on 01.04.2012 due to exploration
activities undertaken in onland and offshore areas of the country.
So far, out of a total of 3.14 Million Sq. Km of sedimentary area in the country, about 2.23
Million Sq. Km (i.e 71%) have been awarded for exploration under Nomination and Production
Sharing Contract (PSC) regime.
(b) As per 12th Plan document the projected demand of petroleum products in the country for
the year 2013-14 is as under:
Product Demand (in Million Metric Tonne)
LPG 18.36
MS 17.53
NAPHTHA/NGL 11.42
ATF 6.59
SKD 7.63
HSDO 68.65
LDO 0.40
LUBES 2.77
POLSHS 7.90
BITUMEN 5.54
PET COKE 7.51
OTHERS 6.13
Total (Petroleum 160.44 Products)