Report of the Working Group on Petroleum & Natural Gas Sector

Jun 21st, 2015
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Ball State University
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1.1.1 Efficient, reliable and competitively priced energy supplies are prerequisites for accelerating economic growth. For any developing country, the strategy for energy development is an integral part of the overall economic strategy. Efficient use of resources and long-term sustainability remains core objective of economic planning. Sustainability would take into account not only available natural resources and issues related to ecological balance but also established delivery mechanisms, the technological constraints that are prevalent in the system and immediate compulsion to meet the priority needs of the economy, economic equity and self-reliance.

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Report of the Working Group on Petroleum & Natural Gas Sector for the XI Plan(2007-2012)Ministry of Petroleum & Natural GasNovember 2006This page has been left blank intentionally.Report of Working Group onPetroleum & Natural Gas Sector for the XI Plan (2007-2012)Table of Contentsv Executive Summary61.1 Economy & Energy61.2 International Scenario61.3 Indian Scenario71.4 Thrust Areas for the Petroleum and Natural Gas Sector81.5 Acknowledgements92 Overview of Petroleum & Natural Gas Sector112.1 Background112.2 Global Scenario112.3 Indian Scenario:173 Performance Review of X Plan Period253.1 Introduction253.2 Hydrocarbon Reserve Position253.3 Crude Oil and Natural Gas Production263.4 Implementation of New Exploration Licensing Policy (NELP)283.5 Implementation of Coal Bed Methane (CBM) Policy283.6 Equity Oil and Gas from Abroad293.7 Consumption of Petroleum Products during X Plan313.8 Refining Capacity323.9 Investments334 Review of Policy Measures364.1 Marketing and Distribution of Petroleum Products364.2 Marketing & Distribution of Natural Gas394.3 Auto Fuel Policy404.4 Safety & Environment Management414.5 Subsidy Structure444.6 Regulatory Environment454.7 Report of the Expert Committee on Integrated Energy Policy484.8 Dr. C Rangarajan Committee Report514.9 Dr. V. Krishnamurty's Report on Restructuring of Petroleum Sector555 Thrust Areas for XI Plan Period575.1 Major Thrust Are

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