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The changing structure of the oil industry in India

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  • Pachauri, Rajendra Kumar
  • Srivastava, Leena

Abstract

The paper reviews the current oil market situation in the region and shows that downstream investments will be guided by caution in the near future. Indian demand for middle distillates, particularly kerosene and high-speed diesel oil, has been growing more rapidly than demand for other refinery products. In recent years this trend has caused concern, which has been met by efforts to provide secondary facilities in most of the existing and planned refineries. Despite these and other structural changes, the imbalance produced by growing demand for middle distillates is likely to continue over the next ten to fifteen years, with undesirable effects on India's balance of payments.

Suggested Citation

  • Pachauri, Rajendra Kumar & Srivastava, Leena, 1986. "The changing structure of the oil industry in India," Energy, Elsevier, vol. 11(4), pages 457-462.
    • Handle: RePEc:eee:energy:v:11:y:1986:i:4:p:457-462
    DOI: 10.1016/0360-5442(86)90134-9
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