21 Apr Crude oil output
(GS PAPER-3 DATA AND FIGURES)
Source: The Hindu
Context-
Recently The Ministry of Petroleum and Natural Gas has released its data for the fiscal year 2020-21. According to the data published by the ministry crude oil production of India has fallen to 30.5 million tonnes. Earlier It was 32.17 million tonnes in 2019-20.
Key Highlights-
- The production of crude oil of India has fallen by 5% in 2020-21 as compared to the previous year
- Oil India Limited has produced 5.4% less oil from earlier
- The Natural Gas production in the year 2020-21 was at 28.67 billion cubic meters. This was 8% less than the output in 2019-20.
- The report pointed out that During 2020-21, the refineries produced 11.2% fewer petroleum products.
-Khyati Khare
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