JPEC Presents

Indian and Japanese Petroleum Industries

4th to 12th December, 2006

New Delhi & Mumbai

Overview of the Japanese Petroleum Industry

15 Companies

470,320 Rs. crore

147,000 persons (as of 2005)

122MKl (104MMT)

22.2 billion dollars (1.03trillion rupees)

73.3% (as of 2005)

Indian Counterparts

Japanese RefineriesConfiguration Unit: 000BD

CDU 4672 Rate　

FCC/RCC 880 19%

HDC 173 4%

ThC/Visb. 93 2%

Cat.Reform 672 14%

VGO Desulf

4601 98%

Refineries, Pipelines and Marketing Set-up

Total: 17 Refineries (2.5MB/D)

Japanese Domestic Demand

Indian Petroleum Products Mix

Our Crude Throughput & Utilization

Indian Refinery Capacity Build Up

Japan’s Crude Oil Imports by Source

Crude Oil Import and Dependence

Petroleum Product Import Composition

Petroleum Product Imports

Oil Stockpiling Obligation

Quality Improvement

Stringer Product Specs—Migration Plan

Reorganization of Oil companies

Ｉｎｄｉａｎ　Ｐｅｔｒｏｌｅｕｍ　Ｃｏｍｐａｎｉｅｓ

Government of India

IOC（ Indian Oil Corporation Ltd.）

BPCL（ Bharat Petroleum Corporation Ltd.）

IOC（ Indian Oil Corporation Ltd.）

ONGC（ Oil & Natural Gas Corporation Ltd.）

OVL（ ONGC Videsh Ltd. ）

NRL（ Numaligarh Refineries Ltd. ）

CPCL（ Chennai Petroleum Corporation Ltd.）

OIL（Oil India Ltd.）

KRL（ Kochi Refineries Ltd.）

BRPL（ Bongaigaon Refinery & Petrochemicals Ltd. ）

HPCL（ Hindustan Petroleum Corporation Ltd.）

GAIL（ Gas Authority of India Ltd.）

ONGC（ Oil & Natural Gas Corporation Ltd.）

MRPL（Mangalore Refinery & Petrochemicals Ltd.）

RPL （ Reliance Petroleum Ltd.） PVT

Ministry of Petroleum & Natural Gas

【 Upstream】

【 Downstream】【 Refiner】

EO （ Essar Oil Ltd. ） PVT

Oil Stockpiling Obligation

Oil Stockpiling Obligation

Reliance Jamnagar Refinery Profile

Indian Export Petroleum Products, Where, How much and Why

Gasoline

Diesel

Naphtha

Final Consumption of Petroleum Products in Main Countries in 2003

-

100,000

200,000

300,000

400,000

500,000

600,000

700,000

800,000

900,000

1,000,000

U.S.A.

China

J apan

Russia

Korea

Canada

France Ita

ly UK

Germany

Mexico

Ref.Gas

LPG+Etha.

M.Gas.

Avi.Gas.

J et　 F.

Kerosene

Gas/ Diesel

H.Fuel

Naphtha

P.Coke

Others

1000tonnes

By IEA Statistics 2005

Japan is the 3rd Biggest Oil Consuming Country of the World

Further Increase of Oil Demand by Country & Area

2000-2020　Forecast　Increase　of　Oil　Demandunit MillionBD；

0.00.51.01.52.02.53.03.54.04.55.0

USA　&　Canada

Mexico

ＥＵ

Other　Europe

J apan　&　Oceania

Korea

Russia

Other　Transition　Economies Ch

ina

Indonesia

India

Other　S.E.　Asia

Brazil

Other　Latin　America

Africa

Middle　East

By IEA World Energy Outlook 2004

Japan’s Energy Policy & Forecast Future Oil Demand

Basic Energy Policy of Japanese Government isTo save an energy and make reduce consumption of Fossil Fuel to cutback emission of CO2

To strive for the diversity of supply sources of energy for National Energy Security

Forecast of Future Oil Demand in Japan is

to Continue Reducing

And also

As the result

Japan’s Energy Policy & Forecast Future Oil Demand

Forecast　Oil　Demand　Decrease　in　J apan　(Demand　Decrease Mild　Case)：

Others

Heavy　FOther　Gas　OilDiesel　GasKerosene

Gasoline

0500100015002000

25003000350040004500

2005FY 2010ＦＹ 2015FY 2020FY

Demand-1MBD

Forecast　Oil　Demand　Decrease　in　J apan(Demand　Decrease Rapid　Case)：

Others

Heavy　FOther　Gas　OilDiesel　GasKerosene

Gasoline

0

500

1000

1500

20002500

3000

3500

4000

4500

2005FY 2010ＦＹ 2015FY 2020FY

Demand-2MBD

Overview of the Japanese Petroleum Industry

Change ofOil Demand and Surplus of Refining Capacity in J apan

Unit:　1,000BD

Demand- 1

Demand- 2

Surplus- 1

Surplus- 2

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

2005FY 2010ＦＹ 2015FY 2020FY

Speed　of　Demand　Decrease　　Mild　Case　→ 　　　　Demand- 1, Surplus- 1　　Rapid　Case　→ 　　Demand- 2, Surplus- 2

Overview of the Japanese Petroleum Industry

Construction　of　Refining　Equipments　in　J apanUnit:1,000BD　　　　　　　　as　of　　Apr.2006

0

1000

2000

3000

4000

5000

6000

CDU

VDU

FCC

HDC

Alky

Cat.Reform

Naph.　Desulf

Dist.Treat

Direct　Desulf

VGO　Desulf

Coking　/Vsb

Desulfurization Equipments

Owing to these equipments

・ Since 1st Jan 2005 All Diesel Fuel supplied in Japan has been　“ Sulfur Free”

　　・ Since 1st Jan 2008 All Motor Gasoline supplied in Japan is to be “Sulfur Free”

※ Early 2006 almost Japanese oil suppliers have started to supply “Sulfur Free Gasoline”

India Petroleum Product Demand

0

500

1,000

1,500

2,000

2,500

3,000

3,50019

70

1972

1974

1976

1978

1980

1982

1984

1986

1988

1990

1992

1994

1996

1998

2000

2002

2004

2006

2008

2010

2012

2014

kb/d

LPG

Naphtha

Gasoline

Kero/jet

Gasoil

Fuel Oil

Other

Total Oil Product ConsumptionAverage Annual Growth Rate

(AAGR)1985 - 1995 6.7%1995 - 2000 5.8%2000 - 2005 2.7%2005 - 2010 3.8%2010 - 2015 3.3%

Presented by Dr. F. Fesharaki of FACTS

Past, Present and Future India Oil Demand