Question : EXPORT OF PETROLEUM PRODUCTS



(a) the quantum of petroleum products exported from the country during the last three years, product-wise;

(b) whether the Government proposes to impose any tax on the windfall profits made by the petroleum exporters due to depreciation of rupee;

(c) if so, whether the Government proposes to use the proceeds from such tax to create a Price Stabilization Fund; and

(d) if not, the reasons therefor?

Answer given by the minister


MINISTER OF STATE IN THE MINISTRY OF PETROLEUM & NATURAL GAS (SHRI R.P.N. SINGH)

(a): The product-wise quantity of petroleum products exported from the country during the last three years is given below:

(Thousand Metric Tonnes)
Petroleum 2009-10 2010-11 2011-12 Products (Provisional)
LPG 131 154 174
Naphtha 9911 10655 10139
Petrol 9771 13578 14524
Aviation 4588 4478 4561 Turbine Fuel
Kerosene 46 33 34
Diesel 18451 20335 20407
LDO 41 98 84
Lubes 28 29 27
Fuel Oil 5155 6734 7895
Bitumen 31 56 5
Others 2870 2927 2988
Total Exports 51023 59077 60837

Source : Oil Companies compiled by PPAC

(b) to (d): There is no such proposal, at present.