Consumption of petroleum products in FY 22 stands 204.23 MMT
During 2021-22, 22.8 % of total requirements of crude oil and gas of the country were met through domestic production.
Consumption of petroleum products in FY 22 stands 204.23 MMT
New Delhi: The Minister of State for Petroleum and Natural Gas, Shri Rameswar Teli in a written reply to a question in the Lok Sabha today informed that the conventional hydrocarbon resources that have been discovered so far in the country is estimated to be approximately 12.0 Billion Tonnes of oil & oil equivalent of gas. Out of this, recoverable resources are estimated to be 4.2 Billion Tonnes of which about 2.6 billion Tonnes of oil and oil equivalent of gas has already been produced.
The consumption of petroleum products and natural gas in the country, during 2021-22, was 204.23 MMT and 63.91 Billion Cubic Meter (BCM) respectively.
During 2021-22, 22.8 % of total requirements of crude oil and gas of the country were met through domestic production.
Read Also : WAPCOS CMD conferred with PSU Samarpan AwardNews Must Read
- Sushil Sharma assumes additional charge of CMD, and Director (Personnel) of SJVN Limited
- Coal India Limited Board recommends final dividend, here to know
- Dr. Subhransu Sekhar Acharya assumes charge of NSIC CMD
- CIL reports mixed bag of results for Q4 of FY23-24
- NMDC's Promising Start to FY25, Targets 50 Million Tonnes
- RITES to take assessment for Vande Bharat Trains
- RBI cancels Certificate of Registration of Acemoney (India) Limited due to irregular lending practices
- Coal India Production rises by 7 percent in April
- WAPCOS became second Indian PSU in ADB Consulting
- Power Grid appoints Satyaprakash Dash as CS and Compliance Officer