Question : IMPORT OF LPG



(a) whether 25.5 percent of the total quantity of Liquefied Petroleum Gas (LPG) required for domestic consumption in the country has been catered through import during the year2011-2012;

(b) if so, the details thereof;

(c) whether quantity of gas to be imported is likely to be increased during the ensuing years due to the less production of LPG in the country;

(d) if so, the estimated increase in the import of LPG likely to occur;

(e) whether import price is approximately three times higher than the indigenous production of the gas; and

(f) if so, the steps taken by the Government for making the country self sufficient by increasing indigenous production of LPG?

Answer given by the minister


MINISTER OF STATE IN THE MINISTRY OF PETROLEUM & NATURAL GAS (SMT.PANABAAKA LAKSHMI)

(a) & (b) The total consumption of LPG during the year 2011-12 was 15350 Thousand Metric Tonne (TMT). The quantity of LPG imports by Indian Oil Corporation Ltd. (IOCL), Hindustan Petroleum Corporation Ltd. (HPCL), Bharat Petroleum Corporation Ltd. (BPCL) and Private Parties during 2011-12 is given below:-

S.No.	Company	LPG Imports (in TMT)

1 IOCL 3099

2 BPCL 630

3 HPCL 927

4 Private 428

Total 5084

Source: Oil Companies & Directorate General of Commercial Intelligence and Statistics (DGCIS) and compiled by PPAC

The %age of LPG imports to domestic consumption during 2011-12 is 33.12%.

(c) & (d) Projected LPG production in the country during the current year and in the next few years is given below:-
Year	Indigenous production (in TMT)

2012-13 9824

2013-14 11043

2014-15 11635

2015-16 12623

Source: Oil Companies and compiled by PPAC

Projected LPG imports during the current year and next three years are given below:-
Year	Projected Imports (in TMT)

2012-13 6015

2013-14 6932

2014-15 7625

2015-16 7794

Source: Oil Companies and compiled by PPAC

(e) Price of indigenous production ex-refineries/ fractionators, which is called Refinery Gate Price of LPG (Domestic) is based on Import Parity Principle (IPP) and is revised by OMCs on Monthly basis in line with changes in International Prices.

(f) With commissioning of new refinery at Paradeep (under construction) and expansion of some of the existing refineries, indigenous production of LPG will increase.