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| PARLIAMENT
QUESTIONS AND ANSWERS ON PETROLEUM SECTOR |
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GOVERNMENT OF INDIA
MINISTRY OF PETROLEUM AND NATURAL GAS
LOK SABHA
UNSTARRED QUESTION NO 527
TO BE
ANSWERED ON 27.07.2006
IMPORT OF PETROLEUM PRODUCTS
| SHRI SUBRATA BOSE
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Will the Minister of PETROLEUM
AND NATURAL GAS be pleased to state:-
(a) whether petrol and diesel have been imported in
finished form/crude form;
(b) if so, the total quantity of petrol and diesel
imported during each of the last three years,
separately;
(c) whether procurements of these products are made
through bilateral contracts with oil producing
countries or on-the-spot purchase from the market;
(d) if so, the proportion of procurements made
during the said period, separately;
(e) the names of countries which supplied petroleum
products under the bilateral contracts during said
period; and
(f) the details of supply contracts outstanding, if
any, in respect of finished petrol, diesel and crude
oil as on June 30, 2006 and the contractual prices
in respective cases?
ANSWER
MINISTER OF STATE IN THE MINISTRY OF PETROLEUM &
NATURAL GAS (SHRI D1NSHA PATEL)
(a) Petrol and diesel have been imported in finished
form. Approximately 76% of the crude oil requirement
of our refineries is also imported.
(b) The quantity of petrol and diesel imported
during the last three years is as under :-
(Qty. in TMT)
Product 2003-04 2004-05 2005-06 (Prov.)
Petrol - 233 485
Diesel 100 814 733
(c) PSU Oil Marketing Companies are importing petrol
and diesel on spot purchase basis.
(d) Does not arise in view of (c) above.
(e) The countries which supplied petroleum products
to PSUs under bilateral contracts during 2005-06 are
Malaysia, UAE, Saudi Arabia and Kuwait.
(f) Under various term contracts, a quantity of
38.21 MMT crude oil is outstanding from foreign
National Oil Companies: to the oil PSUs. In the
bilateral agreements, only volume is fixed and the
price is based on the Official Selling Price (OSP)
of crude which are declared by the suppliers on
montb-to-month basis.
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