New Delhi, Nov 17: The Minister of State (I/C) for Petroleum & Natural Gas Shri Dharmendra Pradhan informed the Rajya Sabha in a written reply yesterday that the total quantity of import of oil 2015-16 was 202.85 Million Metric ton (MMT) at an Annual Oultay of Rs.416,579 crore, and the total quantity of import of LNG was 14.38 Million Metric Tonne (MMT) at an Annual Outlay of Rs.43782.44 crore.
The roadmap for reduction of import of crude oil dependence by 10% by 2021-22 has been prepared which includes: –
i. Increasing production of oil & gas;
ii. Promoting energy efficiency and conservation measures;
iii. Giving thrust on demand substitution;
iv. Capitalizing untapped potential in biofuels and other alternate fuels/renewable; and
v. Implementing measures for refinery process improvements.
Source: PIB
