Page 38 - Policy Economic Report - July 2025
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POLICY AND ECONOMIC REPORT
               OIL & GAS MARKET

                             Key developments in Oil & Gas sector

           Monthly Production Report for June, 2025

           1. Production of Crude Oil

           Indigenous crude oil and condensate production during June 2025 was 2.3 MMT. OIL registered a
           production of 0.3 MMT, ONGC registered a production of 1.5 MMT whereas PSC/RSC registered
           production of 0.6 MMT during June 2025. There is a de-growth of 0.5% in crude oil and condensate
           production during June 2025 as compared with the corresponding period of the previous year.

           2. Production of Natural Gas

           Gross production of natural gas for the month of June 2025 (P) was 2900 MMSCM which was lower by
           3.1% compared with the corresponding month of the previous year. The cumulative gross production of
           natural gas of 8788 MMSCM for the current financial year till June 2025 was lower by 3.0% compared with
           the corresponding period of the previous year.

           3. Crude Oil Processed (Crude Throughput)

           Total Crude oil processed during June 2025 was 22.1 MMT which is 0.3% lower than June 2024, where
           PSU/JV refiners processed 14.8 MMT and private refiners processed 7.3 MMT of crude oil. Total
           indigenous crude oil processed was 2.2 MMT and total Imported crude oil processed was 19.9 by all Indian
           refineries (PSU+JV+PVT). There was a de-growth of 0.2% in total crude oil processed in April-June current
           Financial Year as compared to same period of previous Financial Year.

           4. Production of Petroleum Products

           Production of petroleum products was 23.5 MMT during June 2025 which is 3.3% higher than June 2024.
           Out of 23.5 MMT, 23.2 MMT was from refinery production & 0.3 MMT was from fractionator. There was
           a de-growth of 0.1% in production of petroleum products in April-June FY 2025 – 26 as compared to same
           period of FY 2024 – 25. Out of total POL production, in June 2025, share of major products including HSD
           is 42.6%, MS 16.9%, Naphtha 6.7%, ATF 5.8%, Pet Coke 5.2%, LPG 4.4%, and rest is shared by Bitumen,
           FO/LSHS, LDO, Lubes & others.

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