According to Petroleum Planning & Analysis Cell (PPAC), India imported 189.635 MMT of crude during 2013-14 as against 184.795 MMT imported during the previous year thus registering a growth of 2.62%. While PSUs accounted for 57.56% of the total imports, private companies imported the remaining quantity. Interestingly, imports by PSU oil companies increased by 5.3% while private oil companies’ imports were lower by 0.8% as compared to the previous year’s figures.
Export of POL too showed an increasing trend during the period under review by registering a growth of 7.9%. ATF and HSD exports registered a growth of 23.9% and 18.2%, respectively, during the year as compared to the previous year. LPG and FO exports were also higher by 13.4% and 4%, respectively. However, exports of MS (petrol) and naphtha decreased by 7.3% and 3.2%, respectively.