Energy SecurityEnergy Security
Anupam Mathur
Director (Commercial) OVL
07/02/2008 1Energy Security
Defining Energy SecurityDefining Energy Security
“The availability of usable energy supplies, in sufficient quantity and timeliness so that, given due regard for encouraging energy efficiency, the economic and social development of the country is not materially constrained.”
- UN Economic Commission Energy Security Forum
07/02/2008 2Energy Security
Primary Energy Consumption(MTOE)Primary Energy Consumption(MTOE)
07/02/2008 3Energy Security
Per Capita Energy Consumption (TOE)Per Capita Energy Consumption (TOE)
07/02/2008 Energy Security 4
Energy Basket (World)Energy Basket (World)
07/02/2008 Energy Security 5
Energy Basket (India)Energy Basket (India)
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World Oil ProductionWorld Oil Production
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Year 2006 2007 2008 Q1 April 2008 May 2008
Total OPEC 36.29 35.94 37.28 36.87 37.26
Non OPEC
OECD 19.97 19.84 19.71 19.27 19.11
Non OECD 28.81 27.80 27.49 27.38 27.64
Total Non OPEC 51.0 50.05 49.73 49.24 49.34
World Total Supply 85.41 85.52 87.02 86.11 86.60
World Total Demand 84.90 86.0 86.60 NA NA
- IEA Report
( In million barrels per day)
Projections 2030Projections 2030
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Giant FieldsGiant Fields
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Likely To Be Put On Stream Saudi Arab
• Khusaniyah 0.5 m bopd August 2008
• Khurais 1.2 m bopd June 09 (27 billion bbls)
• Manifa -- 2011 (50 billion bbls) Kazakistan
• Kasagan -- 2013 (13 billion bbls)
Recent Finds in Brazil Tupi -- 5-8 billion bbls Jupiter -- 5-8 billion bbls Carioca -- 33 billion bbls