PETROLEUM INDUSTRY Presented By: Amit Sharma Chanappa Sneha Singh Vivek Surana
A BRIEF OVERVIEW OF INDIANECONOMY High Growth Rate Attractive Destination For Investment Excited Market
CURRENT MACROECONOMICENVIRONMENT Exports From SEZ Increase in FDI Growing Foreign Exchange Reserve Growth in RHC Increase in manufacturing sector
KEY INDUSTRIES IN INDIA Automobile Industry Food Industry Real Estate
INDUSTRY OVERVIEW Petroleum industry is the back bone of the economy. Most important part of petroleum industry is Petroleum Refining Industry. The oil consumed around the world in a year is about 30 billion barrel. The price of petroleum is determined by the demand-supply mechanism around the globe.
INDIAN PETROLEUM INDUSTRY Started it’s journey during the fiscal year 1980. Initially petroleum industry was small in size with the production of not more than 250,000 tones per year. Government of India declared oil industry as core industry under Industrial Policy Resolution 1954. Demand for oil is expected to reach 250 million metric ton by 2024.
CURRENT SCENARIO India one of the least explored countries of the world. GOI maintains price control on four sensitive petroleum products:-(I). Petrol(II). Diesel(III). LPG(IV). Kerosene GOI downstream the petroleum sector.
FACTS AND FIG. India has total reserve of 757 million metric ton of oil and 1241 billion cubic meters of gas oil. Crude oil production is 37.7 million metric tones. Refining capacity has increased from 183.386 MMTPA to 187.386.MMTPA.
CONT…. Production of petroleum product was 190.364 million metric tones against 179.769. The country exported 59.13 million metric tones of petroleum product against the import of 26.31 million metric tones. The consumption of petroleum product was 141.786 million metric tones 3.60% higher than last previous year.
KEY PLAYERS HPCL Operates producing international standards lube base oils with capacity 335MT Market share is 20% and 10% of the national refining capacity Revenue earned 34000cr with profit margin 0.6% IOCL Covers entire hydrocarbon value chain Market share 48% with 34.8% national refining capacity Revenue earned 271,074cr with profit 10221cr
BPCL Major distributor of petroleum products Revenue earned 36000cr with profit margin of 0.5% Reliance Industry Oil and gas giant in private sector Cash rich with more than $15 billion