Summary Table
| Barrels | Global Rank | |
Oil Reserves | 4,728,790,000 | 24th in the world |
| Barrels per Day | Global Rank | |
Oil Production | 1,016,371 | 20th in the world |
Oil Consumption | 4,443,000 | 3rd in the world |
Daily Deficit | -3,426,629 | |
Oil Imports | 4,255,300 | |
Oil Exports | 5 | |
Net Imports | 4,255,295 |
(Data shown is for 2016, the latest year with complete data in all categoreies)
Oil Reserves in India
See also: List of countries by Oil Reserves
India holds 4,728,790,000 barrels of proven oil reserves as of 2016, ranking 24th in the world and accounting for about0.3% of the world's total oil reserves of 1,650,585,140,000 barrels.
India has proven reserves equivalent to 2.9 times its annual consumption. This means that, without imports, there would be about 3 years of oil left (at current consumption levels and excluding unproven reserves).
Oil Reserves
4,728,790,000 barrels
Global Rank: 24th | Share of World: 0.29 %
3 years of oil left
(at current consumption levels)
History of Oil Reserves in India
Oil Consumption in India
See also: List of countries by Oil Consumption
- India consumes 4,443,000 barrels per day (B/d) of oil as of the year 2016.
- India ranks 3rd in the world for oil consumption, accounting for about 4.6% of the world's total consumption of 97,103,871 barrels per day.
- India consumes 0.14 gallons of oil per capita every day (based on the 2016 population of 1,338,636,340 people), or 51 gallons per capita per year (1 barrels). [1 barrel = 42 US Gallons]
Oil Production in India
See also: List of countries by Oil Production
- India produces1,016,370.64 barrels per day of oil (as of 2016) ranking 20th in the world.
- India produces every year an amount equivalent to 7.8% of its total proven reserves (as of 2016).
Oil Imports
- India imports 96% of its oil consumption (4,255,295 barrels per day in 2016).
History of Oil Consumption and Production
See also
Sources
- Statistical Review of World Energy - British Petroleum
- U.S. Energy Information Administration (EIA)
