According to the BP Statistical Review of World Energy 2014, India, the fourth largest energy consumer globally, recorded the largest volumetric decline in natural gas production and consumption during 2013. The report highlighted that Indian domestic natural gas production fell by 16.3 percent to 33.7 billion cubic meters from 40.3 bcm in the previous year. Further, natural gas consumption of the country also fell by 12.2 percent to 51.4 bcm in 2013 from 58.8 bcm in the previous year.
Regarding the oil production, the BP energy outlook report added that India's oil production was remained unchanged at 894,000 barrels per day (42 million tonnes) while consumption was up 1.2 percent at 3.72 million bpd (175.2 million tonnes) in the previous year. On the other hand, the country recorded the second largest volumetric increase in coal consumption which soared 7.6 percent to 324.3 million tonnes. India’s coal production increased marginally by 0.1 percent at 228.8 million tonnes of oil equivalent in 2013. Presently, India imports around 25 percent of total India’s natural gas demand and 80 percent of crude oil demand. Further, around 35 percent of total India’s coal demand is met through the imports.
On global front, the report added that world natural gas consumption grew by 1.4 percent in 2013, below the historical average of 2.6 percent. Country wise, China (10.8 percent) and the US (2.4 percent) recorded the largest growth increments in the world, together accounting for 81 percent of global growth. Globally, natural gas accounted for 23.7 percent of primary energy consumption and world natural gas production grew by 1.1 percent, which was well below the 10-year average of 2.6 percent. Coal's share of global energy use reached 30.1 percent, just below the 32.9 percent share for crude oil which has been losing market share for a 14th consecutive year.
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