Oil and gas industry in India
India is the second biggest oil importer after China and is highly dependent on imported crude oil. The net imports of crude oil rose from 171.73 Mt during 2011–12 to 226.95 Mt during 2020–21. The net imports of natural gas increased from 18 BCM in 2011–12 to 32.86 BCM in 2020–21, recording a CAGR of 9.44%. Despite the dependence on imports, India has developed sufficient processing capacity over the years to produce different petroleum products. As result, India is a
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PRODUCTION Ministry of Petroleum and Natural Gas
Table: State-wise Crude Oil Production Trends (Thousand Metric Tonnes) State/Source 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 (Upto Dec'19) Onshore Andhra
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