Ministry of Petroleum and Natural Gas
The Ministry of Petroleum & Natural Gas is concerned with exploration and production of Oil & Natural Gas, refining, distribution and marketing, import, export and conservation of petroleum products. Oil and Gas being the important import for our economy, many initiatives have been taken by the Ministry for increasing production and exploitation of all domestic petroleum resources to address the priorities like Energy Access, Energy Efficiency, Energy Sustainability and Energy Security.
They handle everything from finding oil reserves to making sure gas stations have fuel.
- Manages Oil & Gas: Exploration, production, refining, distribution, marketing, and import/export.
- Focuses on Sustainability: Encourages biofuels and conservation efforts.
- Led by Hardeep Singh Puri (Minister) & Suresh Gopi (Minister of State).
Budget 24-2025
For the fiscal year 2024-25, the Ministry has an estimated annual budget of Rs 29,713 crore.
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