Central & SE Asia / Australasia

India flag
Summary | Profile

Country profile: India

Location: Southern Asia, bordering the Arabian Sea and the Bay of Bengal, between Burma and Pakistan
Climate: varies from tropical monsoon in south to temperate in north
Terrain: upland plain (Deccan Plateau) in south, flat to rolling plain along the Ganges, deserts in west, Himalayas in north
Size: 3287590 sq. km total (Land area: 2973190 sq. km  Water area: 314400 sq.km)
Population: 1,147,995,898 (July 2008 est.)
Languages: English enjoys associate status but is the most important language for national, political, and commercial communication; Hindi is the national language and primary tongue of 30% of the people and there are 21 other official languages.
Government: federal republic
Capital city: New Delhi
Legal system: based on English common law; judicial review of legislative acts; accepts compulsory ICJ jurisdiction with reservations; separate personal law codes apply to Muslims, Christians, and Hindus
Currency: Indian rupee (INR)

Country profile

The Indian economy continues to show impressive economic growth. The country’s real gross domestic product (GDP) grew at an impressive rate of 9.1 percent during the first half of fiscal 2006 (April – September 2006), after growing by 8.7 percent in fiscal 2005. Together with the country’s impressive growth, India has also become a significant consumer of energy resources.

According to EIA estimates, India was the fifth largest consumer of oil in the world during 2006.

Aryan tribes from the northwest infiltrated onto the Indian subcontinent about 1500 B.C.; their merger with the earlier Dravidian inhabitants created the classical Indian culture. The Maurya Empire of the 4th and 3rd centuries B.C. - which reached its zenith under ASHOKA - united much of South Asia. The Golden Age ushered in by the Gupta dynasty (4th to 6th centuries A.D.) saw a flowering of Indian science, art, and culture. Arab incursions starting in the 8th century and Turkic in the 12th were followed by those of European traders, beginning in the late 15th century. By the 19th century, Britain had assumed political control of virtually all Indian lands. Indian armed forces in the British army played a vital role in both World Wars.

Nonviolent resistance to British colonialism led by Mohandas GANDHI and Jawaharlal NEHRU brought independence in 1947. The subcontinent was divided into the secular state of India and the smaller Muslim state of Pakistan. A third war between the two countries in 1971 resulted in East Pakistan becoming the separate nation of Bangladesh. India's nuclear weapons testing in 1998 caused Pakistan to conduct its own tests that same year.

The dispute between the countries over the state of Kashmir is ongoing, but discussions and confidence-building measures have led to decreased tensions since 2002. Despite impressive gains in economic investment and output, India faces pressing problems such as significant overpopulation, environmental degradation, extensive poverty, and ethnic and religious strife.

Energy production and consumption

Oil Gas
Production: 834,600 bbl/day (2005 est.) 28 billion cu m (2005 est.)
Consumption: 2 million bbl/day (2005 est.) 34 billion cu m (2005 est.)
Exports: 350,000 bbl/day (2005 est.)  
Imports: 2 million bbl/day (2005 est.) 5 billion cu m (2005 est.)
Reserves: 5 billion bbl (2007 est.) 1 trillion cu m (1 January 2006 est.)
Major fields:

India - recent news

10 Feb 19
India offers 23 oil blocks in OALP-III bid round
In OALP-III, the third round of Open Acreage Licensing Policy, India is offering 23 blocks in 12 sedimentary basins. Of these, five are coal-bed methane (CBM) blocks. Total area on offer is about 31,000 sq kms.
06 Jan 19
India to launch Open Acreage Licensing Programme Bid Round-II
India's Directorate General of Hydrocarbons (DGH) plans to launch the Open Acreage Licensing Programme Bid Round-II on Monday Jan 7th in New Delhi.
06 Dec 18
India: Sapura Energy and Afcoms awarded contract for ONGC's KG-DWN-98/2 NELP Block
Sapura Energy, jointly in a consortium with Afcons Infrastructure, has been awarded a contract for the Offshore Process Platform Project for development of ONGC's KG-DWN-98/2 NELP Block.
29 Nov 18
India: GEECL to invest $2 billion in Raniganj block to exploit shale reserves
London-listed Coal Bed Methane (CBM) producer Great Eastern Energy Corporation (GEECL) has announced it plans to invest $2 billion in its Raniganj (South) block to exploit shale reserves.
17 Oct 18
India: Total joins forces with India's Adani Group to expand in natural gas and fuel retail activities in India
Total and Adani Group have signed an agreement to jointly develop multi energy offers to the Indian energy market. The cooperation includes Liquefied Natural Gas (LNG) and Fuel Retail.

India - more news

Other countries in this region

A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.

Subscriber Only Deals

Current deals: 1676
Completed deals: 5108

Company Profiles

Current Company Profiles: 2627

Corporate Activity

Current Corporate Activity articles: 3196

Companies Looking

Current number of articles: 424

Company Sales

Current Company Sales articles:1323


Current Geostudies articles: 617

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...

energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...

energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...


Subscribe to the FREE
energy-pedia Daily Newsletter

SLR Consulting logo
EP Consult Energies
Union Jack Oil 149
KL Publishing
count geophysics
RSK Logo 149
Government of South Australia
Rose & Assocs 149
Lynx Information Systems
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans

Tel: +44(0)1727 822675

Email: info@energy-pedia.com