Page 43 - Policy Economic Report - August 2025

POLICY AND ECONOMIC REPORT
OIL & GAS MARKET

Key developments in Oil & Gas sector

Monthly Production Report for July, 2025

1. Production of Crude Oil

Indigenous crude oil and condensate production during July 2025 was 2.4 MMT. Around 75.3% of
production came from Nomination Fields, 13.8% from Pre-NELP Fields and 10.8% from NELP fields, during
July 2025. There is a de-growth of 0.7% in crude oil and condensate production during July 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 July 2025 (P) was 2967 MMSCM which was lower by
3.7% compared with the corresponding month of the previous year. The cumulative gross production of
natural gas of 11754 MMSCM for the current financial year till July 2025 was lower by 3.1% compared
with the corresponding period of the previous year.

3. Crude Oil Processed (Crude Throughput)

Total Crude oil processed during July 2025 was 23.3 MMT which is 3.2% higher than July 2024, where
PSU/JV refiners processed 15.8 MMT and private refiners processed 7.5 MMT of crude oil. Total
indigenous crude oil processed was 2.3 MMT and total Imported crude oil processed was 21 by all Indian
refineries (PSU+JV+PVT). There was a growth of 1.4% in total crude oil processed in April-July current
Financial Year as compared to same period of previous Financial Year.

4. Production of Petroleum Products

Production of petroleum products was 24 MMT during July 2025 which is -1.5% lower than July 2024. Out
of 24 MMT, 23.7 MMT was from refinery production & 0.3 MMT was from fractionator. There was a de-
growth of -0.4% in production of petroleum products in April-July FY 2025 – 26 as compared to same
period of FY 2024 – 25. Out of total POL production, in July 2025, share of major products including HSD
is 43.6%, MS 17.1%, Naphtha 7.1%, ATF 5.9%, Pet Coke 5.1%, LPG 4.7%, and rest is shared by Bitumen,
FO/LSHS, LDO, Lubes & others.

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