Question : DEMAND AND SUPPLY OF PETROLEUM PRODEUCTS

(a) whether there is a need to strike a balance between the increasing demand and supply of petroleum products in the country;

(b) if so, whether the Government have made any efforts to control the increasing demand of petroleum products during the last few years;

(c) if so, the result thereof;

(d) whether the Government have assessed the consumption and demand of petroleum products in the private as well as Government sector in the country;

(e) if so, the details thereof; and

(f) the rate of annual increase of demand and consumption of petroleum products during the last three years?

MINISTER OF PETROLEUM AND NATURAL GAS ( SHRI RAM NAIK )


(a) to (f): A Statement is laid on the Table of the House.

STATEMENT REFERRED TO IN REPLY TO PARTS

(a) to (f) OF LOK SABHA STARRED QUESTION NO.321 FOR 17.4.2000 REGARDING DEMAND & SUPPLY OF PETROLEUM PRODUCTS.

a) Yes, Sir.

b) & (c) The demand for petroleum products is governed by the growth in the economy. The consumption of petroleum products is an indicator of economic growth. Supply of petroleum products is growing in line with the demand to ensure adequate availability of products for all sectors. At the same time, Government is constantly taking action to conserve petroleum products and to reduce wasteful and inefficient consumption.


The recurring savings due to the conservation efforts are estimated to be as follows:

Year	Qty. in	Value in	Thousand Tonnes	Rs. Crore
1996-97	1236	675
1997-98	1497	863
1998-99	1768	1049

Year	Rate of Increase (%)
1996-97	6.0	1997-98	6.5	1998-99	7.4

The data for the year, 1999-2000 is under compilation.