1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Oil and Gas Market Trends
India Oil & Gas Indusrty Report - 2015

India Oil & Gas Indusrty Report - 2015

  • June 2015
  • 36 pages
  • ID: 3307300
  • Format: PDF
  • Emerging Markets Direct Media Holdings

Summary

Table of Contents

This report profiles India's oil and gas industry, discussing market trends through 2014 and outlook for 2015 and beyond. The report also highlights leading players in the sector including Oil and Natural Gas Corporation Ltd, Indian Oil Corporation Ltd and Reliance Industries Ltd.



India's oil and gas sector saw a period of consistent growth during the last decade after the government partially deregulated the sector. The sector is still under strict control by government through the Ministry of Petroleum and Natural Gas, which is responsible for the exploration, production, distribution, marketing and pricing of oil, natural gas and petroleum products. The sector also acts as a major source of revenue generation for the central and state governments. Various types of taxes are levied on oil, gas and petroleum products in India. These include sales tax charged by the state governments and excise taxes charged by the central government.



The oil and gas sector faced a tough year in FY15. The upstream segment saw a decline in the production of crude oil and natural gas. The downstream segment also recorded a subdued growth in refined crude throughput. The domestic sales were marred by the steep decline in oil prices. However, the decline in crude prices helped the government in reducing the trade deficit and subsidies in the sector. It also helped the government in going forward with the deregulation of diesel prices, thus implementing the suggestions of Kelkar committee report.



The long-term outlook for the Indian oil and gas sector is positive, driven by rising per capita energy consumption, rising middle class, greater ownership of vehicles and growth in industrial production.



Key Points:



o Indian crude refining capacity was at 215 million metric tonnes per annum (MMTPA) in end-FY15. The public sector dominates the refining sector; accounting for 56% of the country's installed refining capacity as of FY15.



o The sector directly contributes to the central and government exchequers through different taxes levied on oil and gas products. During 2006-13, total contribution of the oil and gas sector to the government exchequers grew at a CAGR of 11%.



o India's share in world crude oil production was around 1%. Domestic production of crude oil grew at a CAGR of 1.4% during 2005-13, while domestic crude refining throughput grew at a CAGR of 7%. In FY14, it saw a growth of 10%.



o The annual average price of crude oil (Indian basket) grew at a CAGR of 21% during 2005-09. The price declined by 3.5% in FY13 and by around 2% in FY14, bringing some relief to refiners. In FY15, it saw a steep decline of 20% y/y, which led to lower growth in the production value across all segments.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Unconventional (Oil and Gas) Production in the US Lower 48, H2 2020 Update

  • $ 3999
  • March 2021
  • 42 pages

Unconventional (Oil and Gas) Production in the US Lower 48, H2 2020 Update Summary The next few years of oil and gas production growth in the United States will hinge on the discipline of operators with ...

  • United States
  • Oil And Gas
  • Crude Oil
  • Industry analysis
  • Crude Oil Production
  • Natural Gas Production

ref:plp2015

Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on