Question : HPCL`S MOU WITH GOVERNMENT

(a) whether the Hindustan Petroleum Corporation Limited has entered into a Memorandum of Understanding with the Government for the year 2000-2001. ;

(b) if so, the details of the Memorandum of Understanding;

(c) the targetted production of crude oil during the period as compared to the last three years;

(d) the profitability of the company and its comparison with the last three years

(e) whether the establishment expenditure has come down in the last three years; and

(f) if not, the efforts made to bring down such expenditure ?

MINISTER OF STATE IN THE MINISTRY OF PETROLEUM AND NATURAL GAS ( SHRI SANTOSH KUMAR GANGWAR)

(a): Yes, Sir.

(b): Salient features of the MOU of Hindustan Petroleum Corporation Limited (HPCL) for the year 2000-2001 are given in the annexure.

(c): HPCL has no target of production of crude oil during the year.

(d): The net profit during the last three years is as under :

(Rs./Crores.)
99-2000	98-99	97-98	96-97	Provi-	Actu-	Actu-	Actual	sional	al	al 
1050	901	701	612

Criteria
Unit
2000-01
MOU Proposed
`(Very Good)`
Crude Thruput
MMT
Mumbai Refinery : 5.70
Visakha Refinery : 6.85
Total Distillates
WT%
Mumbai Refinery : 6.30
Visakha Refinery : 72.20
Fuel & Loss

(Including Bombay High associated Gas
Wt %
Mumbai Refinery : 5.70
Visakha Refinery : 7.00
Sales-Market Share
MS - Retail
HSD - Retail
%
26.1
23.6
Commissioning of
Retail Outlets : Dealerships
for LPG
%

65
Lubes-Markets Share
%
27.2
Customer
Satisfaction:
Reseller(MS/HSD)
Reseller (SKO)
Direct Consumers
Aviation
LPG

%
%
%
%
%

96
96
96
96
96
Gross Margin(PBDIT)+
Rs.Crs.
1270
New Profit as % of
Capital Employed+
%

762
+ These exclude prior period and extraordinary items of income, LPG Cylinder compensation.
In addition to above, targets have been set for -
a)	Various aspects in Human Resources Management
b)	Completion of projects/certain milestones in projects
c)	ISO certification for 5 LPG Plants and 1 lube Blending Plant
d)	Safety.