Question : IMPORT BY OIL PSUs



(a) the total imports made in terms of quantity and value, by each public sector oil company during each of the last three years;

(b) the details of expenses incurred by each of them on account of Customs Duty, Excise Duty, various Cess levied by Central and State Governments on refining and transportation; and

(c) the share of profits earned by each company from refining and marketing operations respectively during the said period?

Answer given by the minister


MINISTER OF PETROLEUM & NATURAL GAS AND PANCHAYATI RAJ (SHRI MANI SHANKAR AIYAR)

(a) The details of crude oil, petroleum product imports made by oil PSUs in terms of quantity and value during the last three years are given in Annexe-I.

(b) The details of expenses incurred by the above oil PSUs on account of custom duty, excise duty, various cess levied by Central and State Government during the last three years are given in Annexe-II.

(c) The above oil PSUs, barring MRPL which is a refining company, are integrated oil refining and marketing companies and net profit from the refinery/marketing operation is not maintained separately but is included in the overall profit of the company. The Profit After Tax (PAT) earned by these companies during the last three years is given below:-

Rs crore
Oil PSU 2002-03 2003-04 2004-05
HPCL 1,537 1,904 1,277 IOCL 6,115 7,005 4,891 BPCL 1,250 1,695 966 MRPL (412) 459 880