| Prime Minister |
Manmohan Singh (since 22 May 2004) |
| Location |
Southern Asia, bordering the Arabian Sea and the Bay of Bengal, between Burma and Pakistan. |
| Independence |
15 August 1947 (from UK) |
| Population (July 2006 est.) |
1,095,351,995 |
|
| Currency/Exchange Rate (23 January 2007) |
1 USD = 44.14 Indian Rupees |
| Inflation Rate (2006E) |
5.6% |
| Gross Domestic Product (2006E) |
$889.3 billion |
| Real GDP Growth Rate (2006E) |
8.5% |
| Unemployment Rate (2006E) |
12.2% |
| External Debt (2006E) |
$156.8 billion |
| Exports (2006E) |
$196.3 billion |
| Exports - Commodities |
textile goods, gems and jewelry, engineering goods, chemicals, leather manufactures |
| Exports - Partners (2005E) |
US 16.7%, UAE 8.5%, China 6.6%, Singapore 5.3%, UK 4.9%, Hong Kong 4.4% |
| Imports (2006E) |
$205.6 billion |
| Imports - Commodities |
crude oil, machinery, gems, fertilizer, chemicals |
| Imports - Partners (2005E) |
China 7.3%, US 5.6%, Switzerland 4.7% |
| Current Account Balance (2006E) |
-$13.3 billion |
|
| Minister of Petroleum and Natural Gas |
Shri Murli Deora |
| Proven Oil Reserves (January 1, 2007E) |
5.6 billion barrels |
| Oil Production (2006E) |
846,000 barrels per day, of which 77% was crude oil. |
| Oil Consumption (2006E) |
2.63 million barrels per day |
| Crude Oil Distillation Capacity (January 1, 2007E) |
2.25 million barrels per day |
| Proven Natural Gas Reserves (January 1, 2007E) |
38 trillion cubic feet |
| Natural Gas Production (2004E) |
996 billion cubic feet |
| Natural Gas Consumption (2004E) |
1,089 billion cubic feet |
| Recoverable Coal Reserves (2003E) |
101,903 million short tons |
| Coal Production (2004E) |
443.7 million short tons |
| Coal Consumption (2004E) |
478.2 million short tons |
| Electricity Installed Capacity (2004E) |
131.4 gigawatts |
| Electricity Production (2004E) |
630.6 billion kilowatt hours |
| Electricity Consumption (2004E) |
587.9 billion kilowatt hours |
| Total Energy Consumption (2004E) |
15.4 quadrillion Btus*, of which Coal (53%), Oil (33%), Natural Gas (8%), Hydroelectricity (5%), Nuclear (1%), Other Renewables (0%) |
| Total Per Capita Energy Consumption ((Million Btu)E) |
14.5 million Btus |
| Energy Intensity (2004E) |
4,205.2 Btu per $2000-PPP** |
|
| Energy-Related Carbon Dioxide Emissions (2004E) |
1,112.8 million metric tons, of which Coal (67%), Oil (27%), Natural Gas (6%) |
| Per-Capita, Energy-Related Carbon Dioxide Emissions ((Metric Tons of Carbon Dioxide)E) |
1 metric tons |
| Carbon Dioxide Intensity (2004E) |
0.3 Metric tons per thousand $2000-PPP** |
| Environmental Issues |
deforestation; soil erosion; overgrazing; desertification; air pollution from industrial effluents and vehicle emissions; water pollution from raw sewage and runoff of agricultural pesticides; tap water is not potable throughout the country; huge and growing population is overstraining natural resources |
| Major Environmental Agreements |
Antarctic-Environmental Protocol, Antarctic-Marine Living Resources, Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling |
|
| Organization |
Petroleum: Oil and Natural Gas Corporation (ONGC); Oil India Ltd. (OIL); Indian Oil Corporation (IOC); Reliance Industries (private). Natural Gas: Gas Authority of India Ltd (GAIL) |
| Major Oil/Gas Ports |
Oil - Bombay, Cochin, Haldia, Kandla, Madras, Vizag; LNG – Hazira, Dahej |
| Foreign Company Involvement |
BG International, BP, Cairn Energy, Marubeni, Niko Resources, Petronas, Shell |
| Major Refineries (capacity, bbl/d) |
Reliance Petroleum: Jamnagar (660,000). IOC: Koyali (185,100), Mathura (156,000), Panipat (120,000). Mangalore Refinery and Petrochemicals Ltd: Mangalore (180,000). Hindustan Petroleum Corporation: Vishakapatnam (164,250), Mahul (132,000). Kochi Refineries Ltd: Ambalamugal (152,000). Chennai Petroleum Corporation: Madras (130,660). Bharat Petroleum Company Ltd: Mahul (120,000). |
|
* The total energy consumption statistic includes petroleum, dry natural gas, coal, net hydro, nuclear, geothermal, solar, wind, wood and waste electric power. The renewable energy consumption statistic is based on International Energy Agency (IEA) data and includes hydropower, solar, wind, tide, geothermal, solid biomass and animal products, biomass gas and liquids, industrial and municipal wastes. Sectoral shares of energy consumption and carbon emissions are also based on IEA data.
**GDP figures from OECD estimates based on purchasing power parity (PPP) exchange rates.
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