New Delhi: Indigenous crude oil and condensate production in May 2025 stood at 2.4 million metric tonnes (MMT), marking a 1.7 per cent decline compared to the same month in the previous year, according to data released by the Petroleum Planning & Analysis Cell (PPAC).
Among producers, ONGC recorded a production of 1.5 MMT, OIL produced 0.3 MMT, while production under the PSC/RSC regime stood at 0.6 MMT.
Crude oil processed during May 2025 was 23.1 MMT, which is 0.4 per cent higher compared to May 2024. Of this, public sector and joint venture refiners processed 15.6 MMT, and private refiners processed 7.5 MMT. Total indigenous crude processed was 1.8 MMT, while imported crude processed by Indian refineries stood at 21.3 MMT.
“There was a de-growth of 0.1 per cent in total crude oil processed in April-May of the current financial year as compared to the same period in the previous financial year,” PPAC said.
Petroleum product production in May 2025 was 24.3 MMT, registering a 1 per cent increase over May 2024. Refinery output accounted for 24 MMT, while 0.3 MMT came from fractionators. However, in April-May FY 2025-26, petroleum product output declined by 1.6 per cent over the same period in FY 2024-25.
Out of the total production in May, the share of high-speed diesel (HSD) was 42.1 per cent, motor spirit (MS) 17.1 per cent, naphtha 7.1 per cent, aviation turbine fuel (ATF) 6.2 per cent, pet coke 4.9 per cent, and LPG 4.4 per cent. The remainder was contributed by bitumen, furnace oil/LSHS, LDO, lubricants, and others.
Crude oil imports dropped by 3.3 per cent in May 2025 and 2.7 per cent in April-May FY 2025-26 compared to the corresponding periods of the previous year.
Imports of petroleum, oil and lubricants (POL) products declined by 3.9 per cent in May 2025 and 6.9 per cent in April-May FY 2025-26. “The decrease in POL imports during April-May was mainly due to lower imports of fuel oil (FO), lubes/LOBS, and bitumen,” PPAC stated.
Exports of POL products rose 7 per cent in May 2025 but fell 3.4 per cent during the April-May period year-on-year. The decline in exports during the April-May period was mainly on account of reduced shipments of high-speed diesel (HSD) and aviation turbine fuel (ATF).
