Page 40 - Policy Economic Report - November 2025
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POLICY AND ECONOMIC REPORT
                   OIL & GAS MARKET

                                 Key developments in Oil & Gas sector

               Monthly Production Report for October, 2025

               1. Production of Crude Oil

               Indigenous crude oil and condensate production during October 2025 was 2.3 MMT. Around 76.1% of
               production came from Nomination Fields, 13.4% from Pre-NELP Fields and 10.3% from NELP fields, during
               October 2025. There is a de-growth of 0.8% in crude oil and condensate production during October 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 October 2025 (P) was 2954 MMSCM which was lower
               by 5.1% compared with the corresponding month of the previous year. The cumulative gross production
               of natural gas of 20539 MMSCM for the current financial year till October 2025 was lower by 3.4%
               compared with the corresponding period of the previous year.

               3. Crude Oil Processed (Crude Throughput)

               Total Crude oil processed during October 2025 was 22.5 MMT which is 5.6% higher than October 2024,
               where PSU/JV refiners processed 15.3 MMT and private refiners processed 7.2 MMT of crude oil. Total
               indigenous crude oil processed was 2 MMT and total Imported crude oil processed was 20.5 by all Indian
               refineries (PSU+JV+PVT). There was a growth of 2% in total crude oil processed in April-October current
               Financial Year as compared to same period of previous Financial Year.

               4. Production of Petroleum Products

               Production of petroleum products was 24.2 MMT during October 2025 which is 5.3% higher than October
               2024. Out of 24.2 MMT, 23.9 MMT was from refinery production & 0.3 MMT was from fractionator. There
               was a growth of 0.6% in production of petroleum products in April-October FY 2025 – 26 as compared to
               same period of FY 2024 – 25. Out of total POL production, in October 2025, share of major products
               including HSD is 42.4%, MS 17.8%, Naphtha 6.3%, ATF 6.3%, Pet Coke 5.4%, LPG 4.4%, and rest is shared
               by Bitumen, FO/LSHS, LDO, Lubes & others.

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