India is the largest exporter of petroleum products in Asia, and the 2nd largest refiner in the region.

3rd

largest consumer of oil in the world.

4th

largest importer of LNG in the world.

US$7.1bn

FDI over April 2000 and June 2019.

27

Indian oil and gas PSUs driving capacity.

100%

FDI (automatic route) in O&G exploration.

49%

FDI (automatic route) in petroleum refining.

28trn tonnes

of oil and gas deposit, 60% of which is yet to be harnessed.

16,770 km

natural gas pipeline network is spread across India and steadily growing.

35.7mn tonnes

of crude oil was explored and produced in India during 2017-18.

249mn tonnes

of current annual refining capacity from 23 refineries, including 18 state-run.

US$42bn

refinery and petrochemicals complex coming up in Maharashtra.

12

Biofuel refineries are planned to be opened with an investment of US$1.5bn.

Oil Industry Development Board

secy.oidb@nic.in

0120-2594602

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The Oil Industry Development Board is functioning under the administrative control of Ministry of Petroleum & Natural Gas.

Oil and Natural Gas Corporation

vijan_ar@ongc.co.in

011-26752021

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ONGC is the largest crude oil and natural gas company in India, contributing around 70 per cent to Indian domestic production.

Petroleum Conservation Research Association

pcra@pcra.org

91-11-26198856

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It helps the government in proposing policies and strategies for petroleum conservation, aimed at reducing excessive dependence of the country on oil requirement.

Directorate General of Hydrocarbons

dg@dghindia.gov.in

91-120-2472001, 91-120-2472004

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A nodal agency for implementation of NELP and CBM policy on behalf of Ministry of Petroleum & Natural Gas.

Petroleum Planning & Analysis Cell

webadm@ppac.gov.in

011-24306191/92, 011-24361314

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The agency provides information on production, consumption, import/export, prices, subsidy and marketing infrastructure of the country's oil and gas sector.

investment opportunities

  • Monetisation of 67 discovered small fields through international competitive bidding.
  • Infrastructure to connect 326 cities with city gas distribution network (CGD) by 2022.
  • Construction of another 15,000 km of gas pipeline network to bolster national gas grid.
  • Increase in India's refining capacity to reach 260m tonnes per annum by 2019-20.
  • Investment in export-oriented infrastructure, including product pipelines and export terminals.
  • Opportunities for foreign Investments and technology partnerships in the Upstream Sector.

key investors

India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive and capital establishments

ENABLING ENVIRONMENT

India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive, and capital establishments

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