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Jun 23, 2015 - Ready Reckoner. Snapshot of India's Oil & Gas data. June, 2015 ... and Under-recoveries. 16. 21. Conv
Ready Reckoner Snapshot of India’s Oil & Gas data

June, 2015

Petroleum Planning & Analysis Cell (Ministry of Petroleum & Natural Gas)

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Index of Tables Table 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21.

Description Highlights Selected Indicators of the Indian Economy Import Dependency Quantity and Value of Crude Oil Imports Indigenous Crude Oil Production Self Sufficiency in Petroleum Products Domestic Oil & Gas Production vis a vis Overseas Production Coal Bed Methane (CBM) Gas development in India Refineries: Installed Capacity and Crude Oil Processing High Sulphur (HS) & Low Sulphur (LS) Crude Oil Processed Gross Refining Margins (GRM) of Refineries GRM of North East Refineries excluding Excise Duty Benefit Natural Gas at a Glance Consumption of Petroleum Products LPG Monthly report on LPG Consumption Industry Marketing Infrastructure Pipelines Infrastructure Gas Pipelines under execution / construction Existing and Expected LNG Terminals as on 30.9.2014 Status of PNG Connection and CNG Station across the India Information on Prices, Taxes and Under-recoveries Conversion Factors and Volume Conversion

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Page 2 3 4 5 5 6 6 6 7 8 9 10 10 11 11 12 12 13 13 14 16 18

Highlights  HPCL-Visakh refinery’s CDU-I and FCCU-2 under shutdown since 23.6.2015.  Crude Oil processing in June, 2015 was 19.5 MMT as compared to June, 2014 of 18.2 MMT. Cumulative crude oil processing during April-June, 2015 was 56.3 MMT, which is 2.3 MMT more than same period last year.  Petroleum product production registered a growth of 6.6% during June 2015 and cumulative growth of 2.6% during April-June, 2015.  The consumption of all petroleum products has registered a growth of 2.8% in June, 2015 as compared to that in June, 2014. Except for Kerosene, Naphtha, FO/LSHS and Bitumen all other products have recorded positive growth.  There has been 9.9% growth in the consumption of MS during June, 2015 and a cumulative growth of 12.3% for April-June, 2015.  HSD consumption registered a growth of 2.5% in June 2015 and the cumulative growth of 3.6% for the period April-June, 2015.  LPG consumption for the 22nd month in a row recorded a positive growth of 10.3% during June, 2015 and a cumulative growth of 8.5% for the period April –June, 2015. 2

1. Selected Indicators of the Indian Economy Economic Indicators st

1 Population (as on 1 March 2011) 2

GDP at Factor Cost (Constant prices)

Agricultural Production (Food 3 grains) 4 Gross Fiscal Deficit

Economic Indicators

Unit/Base

2012-13

Billion

1.2 5.1 (NS)

(NS)

(PE)

257.1

265.04

251.12

Growth %

MMT

2013-14

2014-15

2015-16 (P)

-

-

-

6.9

7.3

-

Final

3nd AE

Growth %

-0.8

3.1

-5.3

-

%

-4.8

-4.6

-4.1 (RE)

-3.9 (BE)

June 2014 2015

April-June 2014 2015

Unit/Base

2013-14

2014-15

Growth %

-0.1

2.8

-2.5

4.7

-0.5

4.0

5

Index of Industrial Production@

6

Imports

$ Billion

450.2

447.5

38.2

33.1

113.2

98.9

7

Exports

$ Billion

314.4

310.5

26.5

22.3

80.1

66.7

8

Trade Balance

$ Billion

-135.8

-137.0

-11.8

-108

-33.1

-32.2

9

Foreign Exchange Reserves

$ Billion

303.7

341.4

315.8

355.2

@ IIP is for the month of May 2015 ; NS-New Series; PE-Provisional Estimates ; AE-Advanced Estimates; RE-Revised Estimates; BE-Budget Estimates

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Petroleum & Natural Gas Sector 1 2 3 4

Crude Oil Production In India Consumption of Petroleum Products Production of Petroleum Products

Petroleum Products (POL) Imports

Gross Petroleum Imports (Crude + POL)

Petroleum Products Exports

6 7

June 2014 2015 (P)

April-June 2014 2015 (P)

MMT MMT MMT

37.8 158.4 220.3

37.5 165.0 220.7

3.1 14.0 18.1

3.1 14.4 19.1

9.4 42.1 53.8

9.3 44.3 55.0

MMT

189.2

189.4

16.2

15.2

48.0

48.2

$ Billion

143.0

112.7

12.4

6.4

36.5

20.2

MMT

16.7

20.4

1.6

1.9

4.8

5.8

$ Billion

12.2

11.8

1.1

0.9

3.4

2.6

MMT

205.9

209.8

17.8

17.1

52.8

54.0

$ Billion

155.2

124.5

13.5

7.3

39.9

22.8

MMT

67.9

63.9

5.3

3.8

15.0

12.0

$ Billion

60.7

47.3

5.0

2.2

13.9

6.9

%

34.5

27.8

35.3

22.1

35.2

23.1

%

19.3

15.2

18.9

9.9

17.4

10.3

%

77.6

78.4

79.0

79.7

79.6

80.9

Imports & Exports: Crude Oil Imports

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2. Import Dependency 2013-14 2014-15 Unit/Base (P) (P)

Petroleum Imports as % of India's Gross Imports Petroleum Exports as % of India's Gross Exports Import Dependency (On Consumption)

4

3. Quantity and Value of Crude oil imports Petroleum & Natural Gas Sector Quantity (MMT) $ Million 2014-15 (Actuals) 2015-16 (Estimated)

189.43 188.23

1,12,748 87,320

Rs. Crore 6,87,369 5,43,942

* Note: April-June 2015 imports are based on actuals and for July 2015 to March 2016, the imports are estimated at $65/bbl and Rs. 62/$:

Impact of variation in Crude oil price & Exchange rate on Crude oil imports for July 15- March 16:  

If Crude prices increased by One $/bbl If Exchange rate of $ increases by Rs. 1/$

- Net Import bill increases by Rs. 7,111 crores ($ 1.14 bn) - Net Import bill increases by Rs. 7,455 crores ($ 1.18 bn)

4. Indigenous Crude Oil Production (Million Metric Tonne) June 2014-15 Details 2013-14 (P) 2014 2015 (P) ONGC OIL Private / JVs Total Crude Oil Condensate Total (Crude Oil + Condensate) (MMT) Total (Crude Oil + Condensate) (Million Barrels)

19.2 3.5 12.0 34.7 3.1 37.8 277.04

5

18.6 3.4 11.7 33.8 3.7 37.5 274.7

1.6 0.3 1.0 2.8 0.3 3.1 22.9

1.5 0.3 1.0 2.8 0.3 3.1 22.7

April-June 2014 2015 (P) 4.7 0.8 3.0 8.6 0.8 9.4 68.9

4.6 0.8 2.9 8.4 0.9 9.3 68.2

5. Self Sufficiency in Petroleum Products (Million Metric Tonnes) Details 1. Indigenous Crude Oil Processing : a) Products from Indigenous Crude (93.3% of crude oil processed) b) Products from Fractionators (Including LPG and Gas) 2. Total Production from Indigenous Crude & Condensate (a + b ) 3. Total Domestic Consumption % Self Sufficiency (2 / 3)

2013-14

2014-15

(P)

(P)

33.9 31.6 3.8 35.5 158.4 22.4%

34.3 32.0 3.7 35.6 165.0 21.6%

June 2014

2015

2.8 2.6 0.3 2.9 14.0 21.0%

April-June 2014 2015 (P)

(P)

2.7 2.5 0.3 2.8 14.4 19.3%

8.2 7.7 0.9 8.6 42.1

8.2 7.6 0.8 8.4 44.3 19.1%

20.4%

6. Domestic Oil & Gas Production vis a vis Overseas Production June April-June 2014-15 2013-14 Year (P) (P) 2014 2015 2014 2015 (P) Total Domestic (MMTOE) Overseas production of OVL (MMTOE) Overseas Production as % of Domestic

73.2 8.4 11.4%

71.2 8.9 12.5%

6.0 0.8 12.6%

5.8 0.7 12.1%

18.0 2.3 12.7%

17.5 2.2 12.6%

7. Coal Bed Methane (CBM) Gas development in India Prognosticated CBM Resources Established CBM resources Total available Coal bearing area Exploration Initiated Blocks Awarded Commercial production of CBM gas (April 2015)

92 9.9 26000 17200 33 29.984

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TCF TCF Sq. KM Sq. KM Nos. MMSCM

Company IOCL

HPCL HMEL BPCL BORL

8. Refineries: Installed Capacity and Crude Oil Processing (MMTPA / MMT) Crude Oil Processing Installed Refinery June April-June Capacity 2013-14 2014-15 (P) (P) (P) (1.4.2015) 2014 2015 2014 2015 (P) Barauni (1964) Koyali (1965) Haldia (1975) Mathura (1982) Panipat (1998) Guwahati (1962) Digboi (1901) Bongaigaon (1979) IOCL TOTAL Mumbai (1954) Vizag (1957) Bhatinda (2012) HPCL-TOTAL Mumbai (1955) Kochi (1966) Bina (2011) BPCL-TOTAL

6.0 13.7 7.5 8.0 15.0 1.0 0.7 2.4 54.2 6.5 8.3 9.0 23.8 12.0 9.5 6.0 27.5

6.5 13.0 8.0 6.6 15.1 1.0 0.7 2.3 53.1 7.7 7.8 9.3 24.8 12.7 10.3 5.4 28.4 7

6.0 13.3 7.7 8.5 14.2 1.0 0.6 2.4 53.6 7.4 8.8 7.3 23.5 12.8 10.4 6.2 29.4

0.5 1.0 0.7 0.7 0.8 0.1 0.1 0.2 4.0 0.5 0.7 0.7 1.9 1.1 0.9 0.6 2.6

0.5 1.2 0.7 0.7 1.2 0.1 0.1 0.2 4.7 0.7 0.6 0.9 2.1 1.1 0.9 0.6 2.6

1.7 3.3 2.0 2.2 2.8 0.2 0.1 0.5 12.9 1.4 1.9 2.4 5.7 2.9 2.5 1.5 6.9

1.5 3.0 2.0 2.1 3.9 0.3 0.1 0.7 13.6 1.6 2.1 2.7 6.5 3.4 2.7 1.2 7.3

Company CPCL

NRL ONGC MRPL RIL EOL

Refinery Manali (1969) CBR (1993) CPCL-TOTAL Numaligarh (2000) Tatipaka (2001) Mangalore (1996) ONGC TOTAL Jamnagar (DTA) (1999) Jamnagar (SEZ) (2008) Vadinar (2006)

All India

Crude Oil Processing June April-June (P) 2014 2015 2014 2015 (P)

Installed Capacity

2013-14

2014-15

(1.4.2015) 10.5 1.0 11.5 3.0 0.1 15.0 15.1 33.0 27.0 20.0

(P)

(P)

10.1 0.6 10.7 2.6 0.1 14.6 17.3 30.3 37.7 20.2

10.3 0.5 10.8 2.8 0.05 14.6 14.7 30.9 37.2 20.5

0.9 0.03 0.9 0.3 0.005 1.1 1.1 2.6 3.1 1.7

0.9 0.05 1.0 0.3 0.005 1.5 1.5 2.7 3.0 1.7

2.7 0.2 2.8 0.7 0.01 3.2 3.3 7.2 9.5 5.1

2.7 0.1 2.8 0.4 0.01 3.9 3.9 7.5 9.1 5.2

223.3

18.2

19.5

54.0

56.3

215.1

222.4

9. High Sulphur (HS) & Low Sulphur (LS) Crude Oil Processing (MMT) June April-June 2013-14 2014-15 Type of crude (P) (P) (P) 2014 2015 2014 2015 (P) 1 HS Crude 2 LS Crude Total Crude Share of HS Crude of total crude processing

160.2 62.2 222.5 72.0% 8

161.4 61.9 223.3 72.3%

12.7 5.5 18.2 69.8%

14.5 5.0 19.5 74.3%

39.0 15.0 54.0 72.1%

41.2 15.1 56.3 73.2%

10. Company

IOCL

BPCL

HPCL CPCL MRPL NRL BORL RIL Essar

Gross Refining Margins (GRM) of Refineries ($/bbl) Refinery 2011-12 2012-13 2013-14

Barauni Koyali Haldia Mathura Panipat Guwahati Digboi Bongaigaon Average Kochi Mumbai Average Mumbai Visakhapatnam Average Chennai Mangalore Numaligarh Bina Jamnagar Vadinar

0.39 5.07 2.38 0.59 4.39 11.94 14.85 6.25 3.63 3.09 1.73 2.29 1.74 2.95 2.39 4.16 5.60 12.45 8.60 4.23

2.40 4.61 0.85 0.55 3.34 9.52 20.81 5.26 3.16 5.36 4.67 4.97 2.08 2.08 2.08 0.99 2.45 10.52 7.00 9.20 7.96 9

6.68 4.52 2.84 2.10 3.62 6.38 15.41 6.71 4.24 4.80 3.95 4.33 5.38 1.50 3.43 4.08 2.67 12.09 7.70 8.10 7.98

2014-15 -1.20 4.79 -1.51 -2.19 -1.97 8.68 13.73 -0.26 0.27 3.17 3.97 3.62 4.88 1.12 2.84 1.97 -0.64 16.67 6.10 8.60 8.37

11. GRM of North East Refineries excluding Excise Duty Benefit ($/bbl) Company IOCL NRL

Refinery

2011-12

2012-13

2013-14

2014-15

Guwahati

3.73

3.43

0.88

0.96

Digboi

6.41

13.25

8.50

5.42

Bongaigaon

0.56

0.25

2.34

-6.51

Numaligarh

5.80

4.83

6.98

9.46

12. Natural Gas at a Glance (MMSCM)

June 2014 2015 (P)

April-June 2014 2015 (P)

33662.91

2895.92

2723.15

8609.23

8245.08

34554.74

32694.40

2828.32

2618.91

8402.48

7952.28

LNG Import

17727.99

18535.70

1464.70

1751.73

4812.48

4676.34

Total Consumption (Net Production + Import)

52282.73

51230.10

4293.02

4370.64

13214.96

12628.62

52.28

51.23

4.29

4.37

13.21

12.63

2013-14

2014-15

(P)

(P)

Gross Production

35390.99

Net Production (Excluding Flare Gas)

Total Consumption (in BCM)

10

13. Consumption of Petroleum Products (Million Metric Tonnes) Products

June 2014

June 2015

(P)

April-June 2014

April-June 2015

(P)

Production

Consumption

Production

Consumption

Production

Consumption

Production

Consumption

0.7 2.6 1.5 0.8 0.6 7.8 0.03 0.1 1.0 0.5 2.5

1.3 1.6 0.9 0.5 0.6 6.1 0.03 0.2 0.5 0.5 1.7

0.8 2.9 1.4 0.9 0.6 8.4 0.04 0.1 0.7 0.4 2.8

4.1 4.8 2.8 1.4 1.8 18.6 0.1 0.7 1.5 1.6 4.7

2.3 7.7 4.5 2.4 1.9 23.2 0.1 0.2 3.0 1.5 7.1

1.5 1.8 0.9 0.5 0.6 6.3 0.04 0.3 0.5 0.4 1.7

2.4 8.0 4.4 2.3 1.7 24.2 0.1 0.3 2.5 1.4 7.7

4.5 5.4 3.1 1.4 1.7 19.2 0.1 0.8 1.4 1.5 5.1

18.1

14.0

19.1

14.4

53.8

42.1

55.0

44.3

5.5%

2.8%

2.2%

5.2%

LPG MS NAPHTHA ATF SKO HSD LDO LUBES FO/LSHS BITUMEN OTHERS ALL INDIA Growth (%)

14. LPG Consumption (Thousand Metric Tonne) LPG Category LPG-Packed Domestic LPG-Packed Non-Domestic LPG-Bulk Auto LPG Direct Private Imports* Total

2013-14 14411.6 1073.6 245.7 194.3 368.5 16293.6

2014-15 (P) 16040.4 1051.0 315.7 163.8 449.4 18020.3

2014 1190.2 78.8 30.0 13.4 37.0 1349.4

June 2015 (P) 1313.3 101.0 23.5 14.3 36.2 1488.3

Gr (%) 10.3 28.2 -21.6 6.5 -2.1 10.3

2014 3678.5 228.0 72.2 39.0 103.6 4121.2

April-June 2015 (P) Gr (%) 3940.9 7.1 308.5 35.3 72.6 0.6 42.7 9.5 108.5 4.8 4473.2 8.5

*June 2015 data prorated on the basis of 2014-15 (April-March) data provided by DGCIS and excluding butane, propane, other C3/C4, etc. imports

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15. Industry Marketing Infrastructure (as on 31.3.2015) (Provisional) Particulars IOCL BPCL HPCL RIL ESSAR SHELL Others Terminal/ Depots (Nos.) 136 Aviation Fuel Stations (Nos.) 98 Retail Outlets (total) (Nos.) 24405 LPG Distributors (total) (Nos.) 7934 SKO/LDO Agencies (Nos.) 3919 LPG Bottling (TMTPA) 7812 Rural ROs (Nos.) 6230 RGGLVY (Nos.) 2096 LPG Consumers (Nos. crore) 8.88

83 40 12809 4044 1001 3165 2184 1182 4.58

105 35 13233 3952 1638 3057 2664 1164 4.73

5 27 1400 0 0 0 108 0 0

1 3 1491 0 0 0 385 0 0

0 0 77 0 0 0 9 0 0

6 1 4 0 0 10 0 0 0

Total 336 204 53419 15930 6558 14044 11580 4442 18.19

16. Major Pipeline network Nature of Pipeline Natural Gas Length (KM) (as on 1.4.2015) Cap (MMSCMD)

Crude Oil

Length (KM)

(as on 1.4.2015) Cap (MMTPA)

Products

Length (KM)

GAIL 10977 206 ONGC 1214 60.06 -

(as on 1.4.2015) Cap (MMTPA) Others include GAIL and Petronet India

Reliance 1469 80 OIL 1193 8.4 654 1.7

GSPCL 2197.7 43

Cairn 670 8.7 12

HMEL 1017 9 -

AGC 1000 6 IOCL 4448 40.4 6633 40.09

IOCL 140.41 9.5 BPCL 937 6 1935 14.94

ONGC 24 6

HPCL Other 2514 2687 23.57 9.27

Total 15808.00

350.50 Total 9479 132.56 14423 89.57

17. Gas Pipelines under execution / construction Network/ Region

Entity

Length in KMs

Design Capacity (mmscmd)

Pipeline Size

1104 410 2112 1860 2035 2052 725 391 312 430 11397

16 16 75 32 78.25 77.11 42 90 3.5 36

24"/18"/12" 36"/30"/24"/18" 36"/24"/18"

Kochi - Kottanad - Bangalore - Mangalore GAIL Dabhol -Bangalore (DBPL) GAIL Surat - Paradip GAIL Jagdishpur- Haldia GAIL Mallavaram - Bhilwada GITL Mehsana - Bhatinda GIGL Bhatinda -Srinagar GIGL Kakinada - Srikakulam APGDC Shadol-Phulpur RGPL KEI-RSOS PEPL Ennore-Nellore Total

36"/30"/24"/18"

18. Existing and upcoming LNG Terminals as on 31.03.2015 Existing/ Upcoming Terminals

Promotors

Dahej Hazira Dabhol Kochi Kakinada East Godavari initially FSRU Mundra Ennore Gangavaram (AP) Mangalore Jaigarh (Maharashtra)

Petronet LNG Ltd (PLL) Shell RGPPL (GAIL - NTPC JV) Petronet LNG Ltd (PLL) GAIL + AP Govt. (JV) Proposed Adani & GSPC (Proposed) IOCL PLL ONGC + BPCL H-Energy Gateway Pvt. Limited

Capacity (MMTPA) 15* 3.6 5** 5 3.5 5 10*** 5 2.5 8

Expected Timelines Existing Existing Existing Existing 2016-18 2016-17 2017-18 2018-19 2018-19 2018-19

Capacity Utilisation

in % in 2014-15

100.8 60 50 2 -

* Existing 10 MMTPA to be increased to 15 MMTPA by 2016-17 ; ** 1.25 MMTPA in Phase-1 without break water, to be increased to 5.0 MMTPA; *** 5 MMTPA in Phase - 1 to be increased to 10 MMTPA.

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19. Status of PNG connections and CNG stations across India (Nos.) State

Entity Operating

Geographical Region

CNG Stations

PNG Connections

(as on 31.3.2015) (as on 1.5.2015)

Haryana

Haryana City Gas, Adani Gas Limited, Gail Gas Ltd.

Andhra Pradesh, Telangana

Bhagyanagar Gas Ltd

Sonepat, Faridabad, Gurgaon

Kakinada, Hyderabad, Vijaywada, Rajamundry Tinsukia, Dibrugarh, Sibsagar, Assam Assam Gas Co. Ltd Jorhat, Golaghat Sabarmati Gas Ltd, GSPC Gandhinagar, Mehsana, Gas Co. Ltd, Adani Gas Ltd , Sabarkantha, Nadiad, Halol, Vadodara Mahanagar Seva Hazira, Rajkot, Khambhat, Palej, Gujarat Sadan, GAIL, GAIL Gas, Valsad, Navsari, Surendernagar, HPCL, Gujarat Gas Co. Ltd, Vadodara, Ahmedabad, Surat, Charotar Gas Sahakari Ankaleshwar & Bhavnagar, Mandali Ltd Anand Avantika Gas Ltd, GAIL Gas Dewas, Vijaipur, Indore including Madhya Pradesh Ltd Ujjain, Gwalior National Capital Territory of New Delhi Indraprastha Gas Ltd Delhi (Including Noida & Ghaziabad) Rajasthan GAIL Gas Ltd Kota 14

16

23789

32

3285

00

28154

349

1400132

20

3297

326

562332

3

180

State

Maharashtra

Tripura West Bengal Uttar Pradesh

Entity Operating

Geographical Region

Thane & adjoining contiguous areas including Mira Bhayender, Navi Mumbai, Thane City, Ambernath, Bhiwandi, Kalyan, Mahanagar Gas Ltd, Dombivily, Badlapur, Maharashtra Natural Gas Ulhasnagar, Panvel, Kharghar & Ltd, GAIL Gas Ltd Taloja, Pune City including Pimpri Chinchwad and along with adjoining contiguous areas of Chakan, Hinjewadi & Talegaon GA, Panvel Tripura Natural Gas Co. Ltd Agartala GEECL Kolkata GAIL Gas Ltd, Sanwariya Meerut, Mathura, Agra, Kanpur, Gas, Green Gas , Central Bareilly, Lucknow, Moradabad, U.P. Gas , Siti Energy Ltd Ferozabad Total 15

CNG Stations

PNG Connections

(as on 31.3.2015)

(as on 1.5.2015)

211

824769

5 7

18252 00

40

23511

1009

2887701

20. Information on Prices, Taxes and Under-recoveries Sales & profit of Petroleum Sector (Rs. Crores)

2014-15 Upstream Companies

Turnover 147,942

PAT 23,282

Downstream Cos. Standalone Refineries Private/JVs

880,676 109,163 471,477

13,091 -1,033 25,087

Customs & Excise Duty rates Customs Excise duty duty

Crude oil Petrol Diesel PDS SKO Non PDS SKO Sub. Dom LPG Non Domestic LPG Furnace Oil Naphtha ATF

Nil+Rs.50/MT NIL+Rs.4500/ as NCCD MT Cess + Rs. 50/ MT NCCD

2.50% 2.50% Nil 5% Nil 5% 5% 5% NIL

Rs.17.46/Ltr Rs.10.26/Ltr NIL 14% Nil 8% 14% 14% 8%

Price buildup of Petroleum products (Rs./litre/Cylinder)

Price before taxes and dealer comm. Central taxes State taxes Dealer comm. Retail Selling Price Price before taxes and dealer comm. Central taxes

Petrol 33.37

Diesel 30.30

18.08 13.38 2.07 66.90 PDS SKO* 13.56

10.83 7.33 1.26 49.72 Sub. Dom LPG 563.91

0

0

State taxes 0.44 0 Dealer comm. 1.24 44.88 Retail Selling Price 15.24 608.50 st * SKO at Mumbai as on 1 July, 2015. Petrol and diesel at Delhi as on 16th July 2015 and LPG as on 1st July 2015. Change in Ex. Rate/ Crude price : Impact on Under-recoveries

(Rs. Crores)

Impact on Underrecovery 16

Rs.1/$ Ex. Rate

$1/bbl Crude

1,130

1,150

20. Information on Prices, Taxes and Under-recoveries Under-recoveries & Burden Sharing 2012-13

2013-14

International Prices/ Exchange rates ($/bbl)

2014-15

Per unit under-recovery (Rs./litre/Cylinder) Diesel 11.26 8.39 2.70* PDS SKO 31.16 33.98 27.93 Sub. Dom LPG 427.14 499.52 409.72 Total Under-recoveries (Rs. Crores) Diesel 92,061 62,837 10,935* PDS SKO 29,410 30,574 24,799 Sub. Dom LPG 39,558 46,458 36,580 161,029 139,869 72,314 Total Burden Sharing (Rs. Crores) Government Upstream OMCs

2012-13

2013-14

2014-15

100,000 60,000 1,029

70,772 67,021 2,076

27,308 42,822 2,184

Crude (Indian Basket) Petrol Diesel Kerosene LPG ($/MT) FO ($/MT) Naphtha ($/MT)

2012-13

2013-14

2014-15

107.97 118.98 121.97 123.11 885.20 632.52 888.49

105.52 114.31 119.41 118.80 880.49 595.79 881.30

84.16 95.45 96.64 96.98 683.87 471.99 717.44

Exchange (Rs./$ ) 54.45 60.50 Borrowings of OMCs (Rs. Crores) IOCL BPCL HPCL

61.15

2012-13

2013-14

2014-15

80,894 23,839 33,789

86,263 20,322 32,164

55,248 13,098 20,335

Petroleum Sector Contribution to Central/State Govt . Fiscal Subsidy under Govt. Schemes (Rs. Crores) PDS SKO

746

2012-13

681

**

Sub. Dom LPG 2,007 1,920 th * Deregulated w.e.f. 19 October 2014 **Scheme was extended till 31.3.2015.

**

2013-14

152,900 Central Government 142,626 136,034 152,460 State Governments 278,660 305,360 Total (Rs. Crores) Subsidy as a % of GDP Petroleum Subsidy

17

Apr-Dec’14

108,220 118,621 226,841

2011-12

2012-13

2013-14

1.70

1.75

1.37

21. Conversion Factors and Volume Conversion Weight to Volume Conversion

Volume Conversion

Product

Weight (MT)

Volume (KL)

Barrel (bbl)

LPG Petrol (MS) Diesel (HSD) Kerosene (SKO) ATF Light Diesel Oil (LDO) Furnace Oil (FO) Crude Oil

1 1 1 1 1 1 1 1

1.844 1.4110 1.2100 1.2850 1.2880 1.0720 1.0424 1.1700

11.60 8.50 7.45 7.90 7.90 6.75 6.55 7.33

Exclusive Economic Zone 200 Nautical Miles 370.4 Kilometers

From

To

1 bbl (British Barrel) 1 bbl (British Barrel) 1 US Gallon 1 Kilo litre (KL) 1 million barrels per day

159 litres 42 US Gallons 3.78 litres 6.29 bbl 49.8 MMTPA

Energy Conversion 1 Kilocalorie (kcal) 1 Kilocalorie (kcal) 1 Kilowatt-hour (kWh) 1 Kilowatt-hour (kWh)

4.187 kJ 3.968 Btu 860 kcal 3412 Btu

Natural Gas Conversions 1 Standard Cubic Metre 1 BCM/year of Gas 1 TCF of Gas Reserve

35.31 Cubic Feet 2.74 MMSCMD 3.88 MMSCMD

1 MMTPA of LNG

3.60 MMSCMD

1 MT of LNG

1314 SCM

1 MMBTU GCV (Gross Calorific Value NCV (Net Calorific Value) Gas required for 1 MW power generation Power generation from 1 MMSCMD of gas

18

25.2 SCM @10000 kcal/SCM 10000 kcal/SCM 90% of GCV 4128 SCM/day 242 MW