oil and petrol of UAE
Report of the Working Group on Petroleum & Natural Gas Sector for the XI Plan
(2007-2012)
Ministry of Petroleum & Natural Gas
November 2006
This page has been left blank intentionally.
Report of Working Group on
Petroleum & Natural Gas Sector for the XI Plan
(2007-2012)
Table of Contents
v Executive Summary 6
1.1 Economy & Energy 6
1.2 International Scenario 6
1.3 Indian Scenario 7
1.4 Thrust Areas for the Petroleum and Natural Gas Sector 8
1.5 Acknowledgements 9
2 Overview of Petroleum & Natural Gas Sector 11
2.1 Background 11
2.2 Global Scenario 11
2.3 Indian Scenario: 17
3 Performance Review of X Plan Period 25
3.1 Introduction 25
3.2 Hydrocarbon Reserve Position 25
3.3 Crude Oil and Natural Gas Production 26
3.4 Implementation of New Exploration Licensing Policy (NELP) 28
3.5 Implementation of Coal Bed Methane (CBM) Policy 28
3.6 Equity Oil and Gas from Abroad 29
3.7 Consumption of Petroleum Products during X Plan 31
3.8 Refining Capacity 32
3.9 Investments 33
4 Review of Policy Measures 36
4.1 Marketing and Distribution of Petroleum Products 36
4.2 Marketing & Distribution of Natural Gas 39
4.3 Auto Fuel Policy 40
4.4 Safety & Environment Management 41
4.5 Subsidy Structure 44
4.6 Regulatory Environment 45
4.7 Report of the Expert Committee on Integrated Energy Policy 48
4.8 Dr. C Rangarajan Committee Report 51
4.9 Dr. V. Krishnamurty’s Report on Restructuring of Petroleum Sector 55
5 Thrust Areas for XI Plan Period 57
5.1 Major Thrust Areas for XI Plan Period 57
6 Demand - Supply Gap Analysis for XI Plan Period 60
6.1 Demand for Petroleum Products 60
6.2 Demand Supply Gap for Petroleum Products 63
6.3 Demand for Natural Gas 65
6.4 Demand – Supply Gap for Natural Gas 69
7 Towards Oil and Gas Security 72
7.1 Towards Oil Security 72
7.2 Bio-fuels Programme 72
7.3 Strategic Storage 74
7.4 Conservation of Products 75
7.5 Alternative Sources
(2007-2012)
Ministry of Petroleum & Natural Gas
November 2006
This page has been left blank intentionally.
Report of Working Group on
Petroleum & Natural Gas Sector for the XI Plan
(2007-2012)
Table of Contents
v Executive Summary 6
1.1 Economy & Energy 6
1.2 International Scenario 6
1.3 Indian Scenario 7
1.4 Thrust Areas for the Petroleum and Natural Gas Sector 8
1.5 Acknowledgements 9
2 Overview of Petroleum & Natural Gas Sector 11
2.1 Background 11
2.2 Global Scenario 11
2.3 Indian Scenario: 17
3 Performance Review of X Plan Period 25
3.1 Introduction 25
3.2 Hydrocarbon Reserve Position 25
3.3 Crude Oil and Natural Gas Production 26
3.4 Implementation of New Exploration Licensing Policy (NELP) 28
3.5 Implementation of Coal Bed Methane (CBM) Policy 28
3.6 Equity Oil and Gas from Abroad 29
3.7 Consumption of Petroleum Products during X Plan 31
3.8 Refining Capacity 32
3.9 Investments 33
4 Review of Policy Measures 36
4.1 Marketing and Distribution of Petroleum Products 36
4.2 Marketing & Distribution of Natural Gas 39
4.3 Auto Fuel Policy 40
4.4 Safety & Environment Management 41
4.5 Subsidy Structure 44
4.6 Regulatory Environment 45
4.7 Report of the Expert Committee on Integrated Energy Policy 48
4.8 Dr. C Rangarajan Committee Report 51
4.9 Dr. V. Krishnamurty’s Report on Restructuring of Petroleum Sector 55
5 Thrust Areas for XI Plan Period 57
5.1 Major Thrust Areas for XI Plan Period 57
6 Demand - Supply Gap Analysis for XI Plan Period 60
6.1 Demand for Petroleum Products 60
6.2 Demand Supply Gap for Petroleum Products 63
6.3 Demand for Natural Gas 65
6.4 Demand – Supply Gap for Natural Gas 69
7 Towards Oil and Gas Security 72
7.1 Towards Oil Security 72
7.2 Bio-fuels Programme 72
7.3 Strategic Storage 74
7.4 Conservation of Products 75
7.5 Alternative Sources