IDEAS home Printed from https://ideas.repec.org/a/wly/natres/v22y1998i1p15-25.html
   My bibliography  Save this article

Policy issues pertaining to the oil and gas sector in India

Author

Listed:
  • Raghavendra D. Rao

Abstract

This article discusses the various phases in petroleum product consumption in India from 1960 to 1996, and analyses the changes in consumption patterns. Consumption is growing rapidly although the intensity of petroleum use and the proportion of petroleum in the overall secondary energy consumption is actually on the decline, especially since the mid‐1980s. The proportion of middle distillates in total consumption, especially HSD (High Speed Diesel) which accounts for 45%, is very high mainly because of distortions caused by Government subsidies. The article also analyses expected demand for petroleum products up till the year 2010, emphasizing the need to address the particularly fast growing demand for middle distillates. Further, the article discusses various policy issues pertaining to upstream and downstream activities of oil and gas supply, and emphasizes the need for increased investment in exploration and development, better management of existing reserves, rationalization of pricing policies and the creation of modern infrastructure to meet growing needs.

Suggested Citation

  • Raghavendra D. Rao, 1998. "Policy issues pertaining to the oil and gas sector in India," Natural Resources Forum, Blackwell Publishing, vol. 22(1), pages 15-25, February.
    • Handle: RePEc:wly:natres:v:22:y:1998:i:1:p:15-25
    DOI: 10.1111/j.1477-8947.1998.tb00706.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1477-8947.1998.tb00706.x
    Download Restriction: no
    File URL: https://libkey.io/10.1111/j.1477-8947.1998.tb00706.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Rao, Raghavendra D & Parikh, Jyoti K, 1996. "Forecast and analysis of demand for petroleum products in India," Energy Policy, Elsevier, vol. 24(6), pages 583-592, June.
    2. Furtado, Andre T. & Suslick, Saul B., 1993. "Forecasting of petroleum consumption in Brazil using the intensity of energy technique," Energy Policy, Elsevier, vol. 21(9), pages 958-968, September.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Sharma, D. Parameswara & Chandramohanan Nair, P. S. & Balasubramanian, R., 2002. "Demand for commercial energy in the state of Kerala, India: an econometric analysis with medium-range projections," Energy Policy, Elsevier, vol. 30(9), pages 781-791, July.
    2. Suganthi, L. & Samuel, Anand A., 2012. "Energy models for demand forecasting—A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(2), pages 1223-1240.
    3. Debnath, Kumar Biswajit & Mourshed, Monjur, 2018. "Forecasting methods in energy planning models," Renewable and Sustainable Energy Reviews, Elsevier, vol. 88(C), pages 297-325.
    4. Adom, Philip Kofi & Bekoe, William, 2012. "Conditional dynamic forecast of electrical energy consumption requirements in Ghana by 2020: A comparison of ARDL and PAM," Energy, Elsevier, vol. 44(1), pages 367-380.
    5. Rao, Raghavendra D., 2002. "Modelling optimal exploitation of petroleum resources in India," Resources Policy, Elsevier, vol. 28(3-4), pages 133-144.
    6. Yusof, Ahmad & Raman, Maznah & Nopiah, Zulkifli, 2013. "Modeling of the Malaysian Crude Oil System," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, vol. 47(1), pages 125-130.
    7. Jebaraj, S. & Iniyan, S., 2006. "A review of energy models," Renewable and Sustainable Energy Reviews, Elsevier, vol. 10(4), pages 281-311, August.
    8. Giraud, Pierre-Noël & Nappi, Carmine, 1994. "L’économie minière ou pétrolière : deux familles résident sous le même toit," L'Actualité Economique, Société Canadienne de Science Economique, vol. 70(4), pages 477-497, décembre.
    9. Nag, Barnali & Parikh, Jyoti, 2000. "Indicators of carbon emission intensity from commercial energy use in India," Energy Economics, Elsevier, vol. 22(4), pages 441-461, August.
    10. Pokharel, Shaligram, 2007. "An econometric analysis of energy consumption in Nepal," Energy Policy, Elsevier, vol. 35(1), pages 350-361, January.
    11. Rao, Raghavendra D & Parikh, Jyoti K, 1996. "Forecast and analysis of demand for petroleum products in India," Energy Policy, Elsevier, vol. 24(6), pages 583-592, June.
    12. Nasser Al Dossary & Carol A. Dahl, 2009. "Is Global Gasoline Demand Still as Responsive to Price?," Working Papers 2009-01, Colorado School of Mines, Division of Economics and Business.
    13. Parikh, Jyoti & Purohit, Pallav & Maitra, Pallavi, 2007. "Demand projections of petroleum products and natural gas in India," Energy, Elsevier, vol. 32(10), pages 1825-1837.
    14. Abila, Nelson, 2015. "Econometric estimation of the petroleum products consumption in Nigeria: Assessing the premise for biofuels adoption," Renewable Energy, Elsevier, vol. 74(C), pages 884-892.
    15. Capellán-Pérez, Iñigo & Mediavilla, Margarita & de Castro, Carlos & Carpintero, Óscar & Miguel, Luis Javier, 2014. "Fossil fuel depletion and socio-economic scenarios: An integrated approach," Energy, Elsevier, vol. 77(C), pages 641-666.
    16. Zia, Hina & Devadas, V., 2007. "Energy management in Lucknow city," Energy Policy, Elsevier, vol. 35(10), pages 4847-4868, October.
    17. Kouton, Jeffrey, 2019. "Information Communication Technology development and energy demand in African countries," Energy, Elsevier, vol. 189(C).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wly:natres:v:22:y:1998:i:1:p:15-25. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://doi.org/10.1111/(ISSN)1477-8947 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.