Page 52 - FIPI - Policy & Economic Report May 2026

POLICY AND ECONOMIC REPORT
OIL & GAS MARKET

Key developments in Oil & Gas sector

Monthly Production Report for April 2026

1. Production of Crude Oil

Indigenous crude oil and condensate production during April 2026 was 2.3 MMT. Around 77% of
Production came from Nomination Fields, 12.8% from Pre-NELP Fields and 10.1% from NELP Fields, during
April 2026. There is a de-growth of 3.2% in crude oil and condensate production during April 2026 as
compared with the corresponding period of the previous year.

2. Production of Natural Gas

Gross production of natural gas for the month of April 2026 (P) was 2787 MMSCM which was lower by
4.2% compared with the corresponding month of the previous year.

3. Crude Oil Processed (Crude Throughput)

Total Crude oil processed during April 2026 was 21.4 MMT, out of which PSU/JV refiners processed 15.7
MMT and private refiners processed 5.7 MMT of crude oil. Total indigenous crude oil processed was 2.1
MMT and total Imported crude oil processed was 19.3 by all Indian refineries (PSU+JV+PVT). There was a
de-growth of -2.2% in total crude oil processed in April during current Financial Year as compared to same
period of previous Financial Year.

4. Production of Petroleum Products

Production of petroleum products was 22.3 MMT during April 2026. Out of 22.3 MMT, 22.1 MMT was
from refinery production & 0.3 MMT was from fractionator. There was a de-growth of -0.2% in production
of petroleum products in April FY 2025 – 26 as compared to same period of FY 2024–25. Out of total POL
production in April 2026, share of major products including HSD is 42.7%, MS 16.4%, Naphtha 7.1%, ATF
5.5%, Pet Coke 4.4%, LPG 6%, and rest is shared by Bitumen, FO/LSHS, LDO, Lubes & others.

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