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Snaapshot of India Oil and Gas Data April 2024 Web Upload
Snaapshot of India Oil and Gas Data April 2024 Web Upload
The Snapshot of India’s Oil & Gas data (Monthly Ready Reckoner), released by PPAC, provides
monthly data/information in a single volume for the latest month and historical time series. The
Snapshot of India’s Oil & Gas data is also published on PPAC’s website (www.ppac.gov.in) and is
accessible on mobile app-PPACE.
This publication is a concerted effort by all divisions of PPAC. The cooperation of the Oil and Gas
industry is acknowledged for their timely inputs.
• Total Crude oil processed during April 2024 was 21.6 MMT which is 0.8% higher than April 2023, where PSU/JV refiners
processed 14.5 MMT and private refiners processed 7.1 MMT of crude oil. Total indigenous crude oil processed was 2.2
MMT and total Imported crude oil processed was 19.4 by all Indian refineries (PSU+JV+PVT).
• Crude oil imports increased by 7.0% during April 2024 as compared to the corresponding period of the previous year. As
compared to net import bill for Oil & Gas for April 2023 of $ 10.1 billion, the net import bill for Oil & Gas for April 2024 was
$ 12.3 billion. Out of which, crude oil imports constitutes $ 13.0 billion, LNG imports $1.1 billion and the exports were $ 3.7
billion during April 2024.
• The price of Brent Crude averaged $90.15/bbl during April 2024 as against $85.48/bbl during March 2024 and $84.94/bbl
during April 2023. The Indian basket crude price averaged $89.46/bbl during April 2024 as against $84.49/bbl during March
2024 and $83.76 /bbl during April 2023.
• Production of petroleum products was 23.4 MMT during April 2024 which is 3.9% higher than April 2023. Out of 23.4 MMT,
23.1 MMT was from refinery production & 0.3 MMT was from fractionator. Out of total POL production, in April 2024, share
of HSD is 42.0 %, MS 15.7 %, Naphtha 6.7 %, ATF 6.6 %, Pet Coke 5.2 %, LPG 4.4% which are of major products and rest are
shared by Bitumen, FO/LSHS, LDO, Lubes & others.
POL products imports increased by 35.3% during April 2024 as compared to the corresponding period of the previous year.
• Increase in POL products imports during April 2024 were mainly due to increase in imports of liquified petroleum gas (LPG),
petcoke etc.
2 Snapshot of India's Oil & Gas data -April,2024
• Exports of POL products increased by 9.6% during April 2024 as compared to the corresponding period of the previous year.
Increase in POL products exports during April 24 were mainly due to increase in exports of fuel oil (FO), naphtha and high-
speed diesel (HSD) etc,.
• The consumption of petroleum products during April 2024, with a volume of 19.9 MMT, reported a growth of 6.1 %
compared to the volume of 18.7 MMT during the same period of the previous year. This growth was led by 14.1% growth in
MS, 1.3% in HSD & 13.1% in ATF, 9.4% in LPG & 3.9% in Naptha consumption besides Lubes, and Petcoke during the period.
• Ethanol blending with Petrol was 12.7% during April 2024 and cumulative ethanol blending during November2023- April
2024 was 12.1%. As on 30.04.2024, 13,569 PSU outlets out of 81,529 total PSU Retail Outlets are dispensing E20 Ethanol
Blended MS.
• Total Natural Gas Consumption (including internal consumption) for the month of April 2024 (P) was 5515 MMSCM
which was 6.4 % higher than the corresponding month of the previous year.
• Gross production of natural gas for the month of April 2024 (P) was 2958 MMSCM which was higher by 7.8 %
compared with the corresponding month of the previous year.
• LNG import for the month of April 2024 (P) was 2608 MMSCM which was 3.7 % higher than the corresponding month
of the previous year.
201.7
194.3
200.0
MMT
150.0
100.0
50.0
23.4 19.9
0.0
2021-22 (P) 2022-2023 (P) 2023-24 (P) 2024-25 (April-2024)
1 Indigenous crude oil processing 27.0 26.5 26.5 26.9 2.0 2.2
RIL * * * * *
NEL * * * * *
55.0
45.0
35.0 NRL
NRL
25.0
IOCL
($/bbl)
BPCL
CPCL
BPCL
15.0
MRPL IOCL
MRPL
HPCL CPCL
5.0 HPCL
BORL
RIL NEL
2018-19 2019-20 2021-22 2022-23 H1, 2022-23 H1, 2023-24
-5.0
LPG 12.1 27.6 12.2 28.3 12.8 28.5 12.8 29.6 1.1 2.2 1.0 2.4
MS 35.8 28.0 40.2 30.8 42.8 35.0 45.1 37.2 3.6 2.9 3.7 3.3
NAPHTHA 19.4 14.1 20.0 13.2 17.0 12.2 18.3 13.9 1.4 1.1 1.5 1.2
ATF 7.1 3.7 10.3 5.0 15.0 7.4 17.1 8.2 1.3 0.7 1.5 0.7
SKO 2.4 1.8 1.9 1.5 0.9 0.5 1.0 0.5 0.03 0.03 0.1 0.03
HSD 100.4 72.7 107.2 76.7 113.8 85.9 115.9 89.7 9.5 7.8 9.8 7.9
LDO 0.7 0.9 0.8 1.0 0.6 0.7 0.7 0.8 0.04 0.1 0.0 0.1
LUBES 1.1 4.1 1.2 4.5 1.3 3.7 1.4 4.1 0.1 0.3 0.1 0.3
FO/LSHS 7.4 5.6 8.9 6.3 10.4 7.0 10.3 6.5 1.1 0.6 1.0 0.5
BITUMEN 4.9 7.5 5.1 7.8 4.9 8.0 5.2 8.8 0.5 0.9 0.5 0.8
PET COKE 12.0 15.6 15.5 14.3 15.4 18.3 15.1 19.1 1.2 1.4 1.2 1.7
OTHERS 30.2 12.8 30.9 12.3 31.5 15.8 33.3 14.8 2.6 0.9 2.9 1.0
ALL INDIA 233.5 194.3 254.3 201.7 266.5 223.0 276.1 233.3 22.5 18.7 23.4 19.9
Growth (%) -11.2% -9.3% 8.9% 3.8% 4.8% 10.6% 3.6% 4.6% -1.4% 1.4% 3.9% 6.1%
Note: Prod - Production; Cons - Consumption
12.0
9.8
10.0
7.9
8.0
(MMT)
6.0
4.0 3.7
3.3
2.9
2.4
2.0 1.5 1.5 1.7
1.0 1.2 1.2 1.0
0.7 1.0 0.8
0.5 0.5
0.1 0.0 0.0 0.1 0.1 0.3
0.0
LPG MS NAPHTHA ATF SKO HSD LDO LUBES FO/LSHS BITUMEN PET COKE OTHERS
Production Consumption
0
2017 2018 2019 2020 2021 2022 2023 2024 1.5.24
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1.5.24
25481 25487
24670 25083 25269 25386
23737
20146
18786
17916
15930
13896
12610
11489
10541
9365 9366 9686
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1.5.24
4392 3256
3161 3219 2749
528
986 663 335 683 222 800 1,033
307 124 62 108
As on 1.5.2024
23 Snapshot of India's Oil & Gas data -April,2024
18. Natural gas at a glance
(MMSCM)
Details 2021-22 2022-23 April-March April
(P) (P) 2022-23 2023-24 2023-24 2023-24 2023-24 2024-25 (P)
(P) (Target) (P) (P) (Target)
(a) Gross production 34,024 34,450 34,450 38,181 36,438 2,745 2,852 2,958
- ONGC 20,629 19,969 19,969 20,559 19,316 1,607 1,721 1,524
- Oil India Limited (OIL) 2,893 3,041 3,041 3,155 3,090 237 228 261
- Private / Joint Ventures (JVs) 10,502 11,440 11,440 14,466 14,032 901 903 1,174
(b) Net production
33,131 33,664 33,664 35,717 2,671 2,907
(excluding flare gas and loss)
(c) LNG import# 31,028 26,304 26,304 31,350 2,514 2,608
(d) Total consumption including internal
64,159 59,969 59,969 67,067 5,185 5,515
consumption (b+c)
(e) Total consumption (in BCM) 64.2 60.0 60.0 67.1 5.2 5.5
(f) Import dependency based on
48.4 43.9 43.9 46.7 48.5 47.282
consumption (%), {c/d*100}
# Mar'24 to Apr'24 DGCIS data prorated.
80,000
67,067
64,159 59,969
60,000
20,000
2,958 5,515
0
2021-22 2022-23 (P) 2023-24 (P) April-2024 (P)
Gross natural gas production (MMSCM) Natural gas consumption (including internal consumption) (MMSCM)
H-Energy. Total authorized Natural Gas pipelines including Tie-in connectivity, dedicated & STPL is 33,347 Kms (P),however total operational and Under Construction Pipeline length is 35,217 Kms (P)
21. Existing LNG terminals
Location Promoters Capacity as on 01.05.2024 % Capacity utilisation (April-Mar 2024)
Dahej Petronet LNG Ltd (PLL) 17.5 MMTPA 95.1
Hazira Shell Energy India Pvt. Ltd. 5.2 MMTPA 30.3
Dabhol Konkan LNG Limited *5 MMTPA 42.7
Kochi Petronet LNG Ltd (PLL) 5 MMTPA 20.6
Ennore Indian Oil LNG Pvt Ltd 5 MMTPA 18.3
Mundra GSPC LNG Limited 5 MMTPA 14.6
Dhamra Adani Total Private Limited 5 MMTPA 27.4