Production by public sector oil companies
The details of annual production by the Public Sector Oil Refineries out of the total production of petrol and diesel in the country during last three years are given below:
(figure in Million Metric Tonne)
|
Description
|
Production of Petrol
|
Production of Diesel
|
|
Public Sector Oil Refineries
|
Total
|
Public Sector Oil Refineries
|
Total
|
|
2016-17
|
19.3
|
36.6
|
60.0
|
102.1
|
|
2017-18
|
21.4
|
37.8
|
65.2
|
108.1
|
|
2018-19
|
22.4
|
38.0
|
67.7
|
110.6
|
Prices of petrol and diesel have been made market-determined by the Government with effect from 26.06.2010 and 19.10.2014 respectively. Since then, the Public Sector Oil Marketing Companies take appropriate decision on pricing of petrol and diesel in line with international product prices, exchange rate, tax structure, inland freight and other cost elements and accordingly product-wise margin are arrived.
The details of profit/ (loss) earned by these refineries during the last three years is given below:
|
|
|
|
|
(₹ in crore)
|
|
|
Company
|
2016-17
|
2017-18
|
2018-19
|
|
|
IOCL
|
19,106
|
21,346
|
16,894
|
|
|
HPCL
|
6,209
|
6,357
|
6,029
|
|
|
BPCL
|
8,039
|
7,976
|
7,132
|
|
|
NRL
|
2101
|
2044
|
1968
|
|
|
MRPL
|
3642
|
2224
|
332
|
|
|
CPCL
|
1030
|
913
|
(213)
|
|
This information was given by the Union Minister of Petroleum & Natural Gas Shri Dharmendra Pradhan in the Rajya Sabha today in a written reply.