India reports on crude oil production

Nov 26, 2002 01:00 AM

India's crude oil production rose marginally by 0.3 % to 2,809 mm tons in October while refinery production was up 11.1 % to 10,044 mm tons. Domestic crude oil production improved from 2,801 mm tons in October 2001 to 2,809 mm tons this year, according to latest data released by the Petroleum Ministry.

It rose 4.5 % to 19,347 mm tons in first seven months of 2002-03 when compared to production of 18,512 mm tons in the corresponding period last fiscal. Refinery production was higher at 10,044 mm tons as against 9,044 mm tons in October 2001.
Cumulative production in April-October was 6.4 % higher at 65,579 mm tons over 61,617 mm tons crude throughput in the same period of 2001-02.

Natural gas production at 2630 mm cm during October 2002 was 4.6 % higher than the production of 2,515 mm cm in October 2001. Gas production in April-October at 17,971 mm cm was 4.2 % higher than 17240 mm cm produced in first seven months of 2001-02.
Refinery capacity utilisation bettered to 103.1 % in October as against 94.6 % a year ago. During April-October 2002-03, it was higher at 97.5 % over 93.4 % of the corresponding period of last year.

Source: DeepikaGlobal.com
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