Consumption of Crude Oil, Natural Gas and Petroleum Products during 2010-11 to 2016-17

October 26, 2018

Author: susil

We have observed compound annual growth rate of 3.73% in Consumption of Crude Oil during 2010-11 to 2016-17. Consumption of Crude Oil was 196.989 Million Metric Tonnes (MMT) during 2010-11. It has increased by 3.62% to 204.121 MMT during 2011-12 over 2010-11. An annual growth of 5.37% has been seen in Consumption of Crude Oil to 245.362 MMT during 2016-17 versus 232.865 MMT during 2015-16. Maximum annual growth rate of 7.39% has been found in Consumption of Crude Oil in 2012-13 during the period under consideration.

Compound annual growth rate of -0.4% has been seen in Consumption of Natural Gas during 2010-11 to 2016-17. Consumption of Natural Gas was 52.019 Billion Cubic Meter (BCM) during 2010-11. It has increased by 16.66% to 60.684 BCM during 2011-12 over 2010-11. We have observed annual growth of 6.12% in Consumption of Natural Gas from 47.85 BCM during 2015-16 to 50.778 BCM during 2016-17. Maximum annual growth rate of 16.66% has been seen in Consumption of Natural Gas in 2011-12 during the period under consideration.

We have seen compound annual growth rate of 5.43% in Consumption of Petroleum Products during 2010-11 to 2016-17. Consumption of Petroleum Products was 141.04 MMT during 2010-11. It has increased by 5.03% to 148.132 MMT during 2011-12 over 2010-11. An annual growth of 4.91% has been observed in Consumption of Petroleum Products to 193.745 MMT during 2016-17 versus 184.674 MMT during 2015-16. Maximum annual growth rate of 11.57% has been found in Consumption of Petroleum Products in 2015-16 during the period under consideration.

Note: NA: Not Available; Oil Development Cess figures have been taken from Table VII.2 which are on accrual basis.

Dataset URL: https://data.gov.in/catalog/indian-petroleum-and-natural-gas-statistics-2016-17

Resource Title: Trends in Indian Petroleum Industry at a Glance from 2010-11 to 2016-17