India’s crude oil production falls 3.1% in April; POL exports down 12.4%: PPAC

New Delhi: India’s indigenous crude oil and condensate production declined by 3.1 per cent year-on-year to 2.3 million metric tonnes (MMT) in April 2025, data released by the Petroleum Planning and Analysis Cell (PPAC) showed.Oil and Natural Gas Corporation (ONGC) produced 1.5 MMT during the month, Oil India Ltd (OIL) produced 0.3 MMT, while production under Production Sharing Contracts/Revenue Sharing Contracts (PSC/RSC) stood at 0.5 MMT.Total crude oil processed during April 2025 was 21.5 MMT, a decline of 0.6 per cent compared to April 2024. Of this, public sector and joint venture (PSU/JV) refiners processed 15.2 MMT, while private refiners processed 6.3 MMT.Indigenous crude oil processed stood at 1.9 MMT and imported crude processed was 19.6 MMT by all Indian refineries including public, joint venture and private players.The production of petroleum products was recorded at 22.4 MMT in April 2025, down by 4.2 per cent from the year-ago period. Of this, refinery production accounted for 22.1 MMT, while 0.3 MMT came from fractionators.The share of major petroleum products in the overall output included high-speed diesel (HSD) at 42.2 per cent, motor spirit (MS) at 17.5 per cent, naphtha at 6.5 per cent, aviation turbine fuel (ATF) at 6.4 per cent, pet coke at 5 per cent, and liquefied petroleum gas (LPG) at 4.4 per cent. The remaining share was contributed by bitumen, fuel oil/low sulphur heavy stock (FO/LSHS), light diesel oil (LDO), lubricants and others.Crude oil imports were lower by 1.0 per cent in April 2025 as compared to the corresponding month of the previous year.Imports of petroleum oil and lubricants (POL) products also declined by 9.0 per cent. The fall was attributed mainly to lower imports of fuel oil (FO) and lubricating oil/lube oil base stock (LOBS).Exports of POL products fell by 12.4 per cent in April 2025. The decline was primarily due to a reduction in the export of high-speed diesel (HSD) and aviation turbine fuel (ATF), according to the PPAC.

• By Saurav Anand ,
• ETEnergyWorld

• Published On May 23, 2025 at 08:45 AM IST