Oil & Gas
Investments in oil and gas industry in XII plan is estimated to be 4000 INR Bn
As per the plan documents, the overall outlay for oil and gas public sector units (PSUs) in the Eleventh Plan is INR2,690 billion versus INR1,220 billion capital expenditure in the Tenth Plan. Investments in upstream projects by national oil companies (ONGC, OIL and OVL) are likely to be around INR1,600 billion. This is almost twice the investment in the Tenth Plan. In refining and marketing, investments are likely to increase 3.3x in the Eleventh Plan to INR876 billion. The capex in the oil and gas space by some key players over the next five years will be 2.2x the investment over FY02-FY07. It is expected that a CAGR of 20% in investments over FY07-FY09 in oil&gas sector in India.
The major sectors in the oil and gas Industry in India are
Exploration & Production
Refining
Transportation (pipelines)
Oil Marketing & Distribution
Investment in oil and gas industry X and XII Five year plan
Company |
Capex 2002-2007 |
Capex 2007-2012 |
PSUs |
1220 |
2690 |
Reliance |
530 |
945 |
Petronet |
10 |
70 |
Others |
25 |
295 |
Total |
1785 |
4000 |