Oil And Gas

India is the world’s fourth-largest energy consumer in the world.

Oil and Gas Industry in India

Latest update: December, 2013

Production

ONGC accounted for 62 per cent of total crude oil production in India.

Production

Pipeline Network

In terms of length, IOCL accounts for 45.9 per cent (4,376 km) of India’s crude pipeline network.

Pipeline Network

Production

Domestic gas production accounts for more than three-quarters of total gas consumption in the country.

Production

Pipeline Network

In terms of capacity, ONGC leads the pack with a share of 47.4 per cent (65.5 MMTPA).

Pipeline Network

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Last Updated: March 27, 2014

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Updated: December, 2013

SECTORAL REPORT | March, 2014

Introduction

The Indian oil and gas (O&G) sector is projected to touch US$ 139,814.7 million by 2015 from US$ 117,562.9 million in 2012. The sector provides vast opportunities for investors. The New Exploration Licensing Policy (NELP) of 1997–98 was envisioned to deal with the ever-growing gap between demand and supply of gas in India. It has successfully attracted both foreign and domestic investment, as attested b...

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