THE FUTURE FUEL:

OIL OR GAS

GROUP NO: 16

PRESENTED TO: PRESENTED BY:

DR. RATNA BANERJEE PRACHI HARSHEY (R020219039)
DEPT. OF GENERAL MANAGEMENT SUDHANSHU PURANDARE
(R02021951)
SOB UPES, DEHRADUN SAMRUDDHI BHIDE (R020219073)
 OIL
 Crude oil is an ordinarily occurring, foul oil-based great made out of hydrocarbon and
other regular materials. A sort of non-sustainable power source, crude oil can be refined
to make usable things, for instance, gas, diesel, and various kinds of petrochemicals.

 It is a non-sustainable resource, which suggests that it can't be replaced ordinarily at the

rate we use it and is, thusly, a compelled resource.

 Crude oil is the rough ordinary resource that is removed from the earth and refined into
things, for instance, gas, stream fuel, and other oil-based products.
 PERSPECTIVE ON OIL
INDIAN:
 Ministry of petroleum and natural gas, the Indian basket cost of unrefined petroleum has declined
strongly, low oil costs have diminished expansion to levels beneath 6%, as focused by the reserve bank of
India, which could carry India's present record shortage to 1% of GDP while decreasing the financial
deficiency through fuel appropriations.

WORLDWIDE:
 Worldwide consideration is progressively centred around the need to quicken clean vitality advances to
moderate the dangers of environmental change. With its significant emanations impression, the vitality
division – including the oil and gas industry – is at the core of the issue.

 Request development for gas and diesel somewhere in the range of 2019 and 2025 is set to debilitate as
nations around the globe execute arrangements to improve effectiveness and cut carbon dioxide (CO2)
emanations.
 SECTOR USAGE CONSUMPTION
 The total utilization of oil-based commodities in the nation during 2015-16 was 184.7 million measurement tons (MMT).
 
 Diesel (LDO+HSD) represented the most noteworthy utilization share (41%) trailed by Petrol/Motor Spirit (12%), LPG (11%
Petroleum Coke (10%), Naphtha (7%) and others (19%).
 
 The portion of open and private part utilization in 2015-16 remained at 80% and 20% separately as against 83% and 17% in
the earlier year.

HIGH SPEED DIESEL KEROSENE

 IMPACT OF COVID 19
 About40% of the total populace is right now encouraged to remain at home to restrict the
spread of COVID-19. The shutdown orders have added to critical constrictions in ventures-
including travel, the travel industry, and eateries, among others—prompting a quick increment
in cutbacks.

 The impacts of this improvement on oil request could be

negligible given the noteworthy limitations on movement.
The standpoint for worldwide monetary development is
questionable, and the elevated level of unpredictability in the
business sectors presents extensive difficulties in anticipating
oil costs and the degree of worldwide oil utilization in the
coming months.

Source: Short Term Energy Outlook, April 2020

 NATURAL GAS
Natural gas (also called fossil gas) may be a present hydrocarbon gas mixture
consisting mostly of methane. Natural gas is that the cleanest fossil fuels among the
available fossil fuels. It is used as a feedstock within the manufacture of fertilizers,
plastics and other commercially important organic chemicals also as used as a fuel
for electricity generation, heating purpose in industrial and commercial units.
Natural gas is additionally used for cooking in domestic households and a
transportation fuel for vehicles.
GLOBAL GAS TRENDS:-

1) The global gas market is experiencing rapid growth across production, consumption,
and trade.
2) In the short run, this growth is supported by low gas prices and rapid growth of supply
infrastructure.
3) Meanwhile, other structural changes are emerging supporting the competitiveness and
accessibility of gas going forward, particularly the role of LNG providing more
diverse and lower cost means of natural gas supply.
4) Adoption of supportive policies in key markets is also driving growth, including
policy measures to promote fuel switching and develop new gas infrastructure.
5) But international pipeline developments are lagging and the development of low
carbon gas capacities remains small globally.
 The share of gas within the energy mix is
predicted to extend to 20% in 2025 and
beyond as compared to 11% in 2010.
Natural Gas demand has increased
significantly in recent years thanks to the
rise within the availability of gas,
development of transmission and
distribution infrastructure, the savings
from the usage of gas in situ of alternate
fuels and therefore the overall favourable
economics of supplying gas at reasonable
prices to finish consumers.

DOMESTIC GAS SOURCES:-

The domestic gas within the country is
being supplied from the oil & gas fields
located at western and south eastern areas
viz. Hazira basin, Mumbai offshore & KG
basin also as North East Region (Assam &
SOURCE:- Petro net LNG Annual
Tripura).
Report in Million Metric Standard Cubic
Meter Per Day(MMSCMD).

SOURCE:- BP Energy Outlook-2019 in
Billions Cubic Meter(BCM).
GLOBAL GAS SCENARIO:-
In the ET scenario, gas grows at a
mean rate of 1.7% p.a. - increasing
nearly 50% by 2040 - the only source
of energy, along with renewables,
whose share in primary energy
increases over the Outlook. Growth in
gas demand is widespread, increasing
in almost every country and region
considered within the Outlook. Global
gas production is led by the US and
Middle East (Qatar and Iran) – who
together account for almost 50% of
the growth in gas production over the
Outlook – supported by strong
increases in output in both China and
Russia. As the LNG market matures,
the US and Qatar emerge as the main
centres of LNG exports, accounting
for around 40% of all LNG exports by
2040.
 ANALYSIS
 INDIA IS OBSERVED TO BE MORE INCLINED TOWARDS OIL AS A SOURCE OF FUEL.
 THE PRICES OF THE GAS IS OBSERVED LOWER AS COMPARED TO THE OIL THROUGHOUT
 NATURAL GAS PROVES TO BE MORE ENVIRONMENTALLY FRIENDLY AS COMPARED TO
CRUDE OIL.
 
 CONCLUSION
 Natural gas proves to be a cleaner fuel thus helps to maintain the environmental stability.
 The prices of gas are way cheaper than the oil which helps in production much more
favourable.
 The use of natural gas provides a cleaner alternative to coal and other fossil fuels, reducing
carbon and other emissions and resulting in both immediate and long-term benefits for
public health and the environment.
 Due to it being environmentally friendly, it should be incorporated in daily utility like:
 CGD -City Gas Distribution: use of LNG (liquified natural gas) as heating fuel.
 CNG- Compressed Natural Gas: used as a fuel for transportation.
 Shift to Natural gas in the Power Sector from coal.
 RECOMMENDATIONS
• India should focus more on increasing production of natural gas rather than depending on
imports.
• More policies should be laid by the government in order to promote gas-based economy.
• The availability of gas should be made easy in order to avail its reach to every corner of the
nation.

DELIMITATIONS
• The major limitation of the study is that it is limited to papers only.
• Industrial visit is generally not permitted in the oil and gas sector due to security reasons
• The data given online is very limited
• Due to LNG still not in use all over India, the study is based on presumptions.
• Due to pandemic Covid 19 lockdown, the primary data scheduled to be collected could not be done.
Thus, the study is only based on secondary data.
 
THANK YOU