India's petroleum self-sufficiency at its lowest since 2011

For the month of April, this percentage fell further to 16.6%

India’s petroleum self-sufficiency fell to 17.9 per cent of the total consumption in the last financial year — lowest since 2011, according to data available with Petroleum Planning and Analysis Cell (PPAC).

Self-sufficiency percentage is calculated using the total production from indigenous crude and condensate and the total petroleum consumption of the country. For April, this fell further to 16.6 per cent; in the same month last year, it was 17.9 per cent. 

India’s fast-growing demand for petroleum products has a major reason for this fall in self-sufficiency. 

According to the PPAC data, in the last financial year, India’s total