Trade Analytics
Oil And Gas
India is the second largest oil refiner in Asia as of May 2018.

Growth of Oil and Gas Industry – Infographic

Latest update: December, 2017




Growth

Notes: MMTPA - Million Metric Tonnes Per Annum, Mtoe – Million Tonnes of Oil Equivalent; mbpd – Million Barrels Per Day; Figures mentioned in this slide is as per latest data available
Source: US Energy Information Administration (EIA), Ministry of Petroleum and Natural Gas

  • Domestic production accounts for more than three-quarter of the country’s total gas consumption
  • Demand is expected to increase due to higher economic growth, ensure less dependency on imported crude and a desire to use cleaner fuel
  • India’s LNG imports increased at a CAGR of 8.14 per cent during FY08–FY18.
  • Domestic gas production in India stood at around 30.92 billion cubic metres in FY17. Production during April-February 2017-18 reached around 29.11 bcm.
  • In India, auto LPG sector registered sales growth of 4.9 per cent to 346 TMT in 2016-17. Auto LPG consumption grew 10.7 per cent during April-February 2018.
Growth

Notes: bcm – Billion Cubic Metres, TMT – Thousand Metric Tonnes, Estimated Figures, FY181 – Gas production is up to February 2018 , * - gas production is from April 2017 to february 2018
Source: Ministry of Petroleum and Natural Gas, BP Statistical Review 2016, Aranca Research

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