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Supply/Demand of Petroleum Products

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Wednesday, October 1, 2014

Supply/Demand-Petroleum Products (in MMT)

 

Year

Demand

(without meeting

gas deficit)

Demand (with

meeting gas

deficit)

Estimated

refining

capacity

Estimated

crude

requirement

1998-1999

91

103

69

69

2001-2002

111

138

129

122

2006-2007

148

179*

167

173

2011-2012

195

195**

184

190

2024-2025

368

368

358

364

 

* Assuming 15 MMTPA of LNG import by 2007.

** Assuming that by 2012, adequate gas is available through imports and domestic sources.

Source: INDIA HYDROCARBON VISION -2025