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Country’s Oil Demand to Rise 3.21% in 2019

As per Monthly Oil Market Report published by OPEC, 2019, country’s oil demand will rise by 3.21 per cent to 4.88 million barrels per day (mb/d) in 2019 from 4.73 mb/d during the previous year. As per Monthly Oil Market Report published by OPEC in September, 2019, India’s oil demand will further rise to 5.05 mb/d by 2020 (3.36% year on year), outpacing China’s oil demand growth (2.37%).

The oil conservation measures to be taken at the end-users level, inter-alia, includes:

  • Reducing energy consumption through introduction of standard and labeling program for equipments using petro-based fuels such as Domestic LPG Stoves, Diesel Irrigation Pump Sets & Diesel Generator Sets.
  • Training of drivers and organization of transport workshops
  • Sensitizing farmers on petroleum conservation through KisanMelas, agriculture workshops etc.
  • Carrying out energy audits
  • Educating housewives on efficient use of domestic LPG
  • Mass awareness activities through Saksham Campaigns, Social Media campaigns, campaigns on TV, Radio & Newspapers, literature, Exhibitions etc.

This Information was given by the Union Minister for Petroleum and Natural Gas Dharmendra Pradhan in a written reply in the Rajya Sabha.

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