By: ICN Bureau
Last updated : August 05, 2022 8:07 am
Conventional hydrocarbon resources discovered so far in the country estimated to be approximately 12 Billion Tonnes of oil and oil equivalent of gas
The consumption of petroleum products and natural gas in the country, during 2021-22 was 204.23 MMT and 63.91 Billion Cubic Meter (BCM) respectively, said Minister of State for Petroleum and Natural Gas, Rameswar Teli in a written reply to a question in the Lok Sabha.
The Minister of State for Petroleum and Natural Gas, Rameswar Teli informed that the conventional hydrocarbon resources that have been discovered so far in the country is estimated to be approximately 12 Billion Tonnes of oil and oil equivalent of gas. Out of this, recoverable resources are estimated to be 4.2 Billion Tonnes of which about 2.6 billion Tonnes of oil and oil equivalent of gas has already been produced.