Why India Does Not Extract Oil From Its Land | Indian Oil Reserves | In Hindi | Knowledge INDIA скачать в хорошем качестве

Why India Does Not Extract Oil From Its Land | Indian Oil Reserves | In Hindi | Knowledge INDIA

#knowledgeindia #ongc #indiangovernment The petroleum industry in India dates back to 1889 when the first oil deposits in the country were discovered near the town of Digboi in the state of Assam. The natural gas industry in India began in the 1960s with the discovery of gas fields in Assam and Maharashtra (Mumbai High Field). As on 31 March 2018, India had estimated crude oil reserves of 594.49 million metric tonnes (Mt) and natural gas reserves of 1339.57 billion cubic metres of natural gas (BCM). India imports 82% of its oil needs and aims to bring that down to 67% by 2022 by replacing it with local exploration, renewable energy and indigenous ethanol fuel. India was the second top net crude oil (including crude oil products) importer of 205.3 Mt in 2019. By March 2021, India’s domestic crude oil production output fell by 5.2% and natural gas production by 8.1% in the FY21 as producers extracted 30.4917 Mt of crude oil and 28.67 BCM of natural gas in the fiscal year. In August 2021, crude oil production decreased by 2.3%, but there was a 20.23% increase in homegrown natural gas. If you like the video then share it with your friend. And don't forget to subscribe to this channel. Copyright Disclaimer- This channel may use Some content are used for educational purposes under fair use. I am not the owner of any content which, I used in my video all resources like pictures, photos, images & videos from google or another helpful website which helps Knowledge INDIA to explain the video precisely in a proper way, that’s why I will credit to my all work to google.com and other websites. If I used anyone's content in my video then I will definitely credit him/her. Thank you I hope all the content owners understand If I used their content in my video. Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statutes that might otherwise be infringing. Non-profit, educational, or personal use tips the balance in favor of fair use.