Organization of the Petroleum

Exporting Countries (OPEC)

The Organization of the Petroleum Exporting Countries (OPEC) is a permanent, intergovernmental
Organization, created at the Baghdad Conference on September 10–14, 1960, by Iran, Iraq, Kuwait, Saudi
Arabia and Venezuela. The OPEC Secretariat is located in Vienna, it also functions as the Headquarters of the
Organization.

Member Countries: Function:

Algeria
Angola The mission of the Organization of the Petroleum Exporting Countries
Ecuador (OPEC) is to coordinate and unify the petroleum policies of its Member
Gabon Countries and ensure the stabilization of oil markets in order to secure
Iran an efficient, economic and regular supply of petroleum to consumers, a
Iraq steady income to producers and a fair return on capital for those
Kuwait investing in the petroleum industry.
Libya
Nigeria
Qatar
Saudi Arabia
United Arab Emirates
Venezuela
Organisation for Economic Co-operation
and Development (OECD)
Organisation for Economic Co-operation and Development (OECD) was established in 1961. It is headquarted
in Paris.

Member Countries (35):

Function:
•Australia •Iceland •Slovak
•Austria •Ireland Republic
The mission of the Organisation for Economic Co-operation and
•Belgium •Israel •Slovenia
Development (OECD) is to promote policies that will improve the
•Canada •Italy •Spain
economic and social well-being of people around the world.
•Chile •Japan •Sweden
•Czech Republic •Korea •Switzerland
•Denmark •Latvia •Turkey
The OECD provides a forum in which governments can work together t
•Estonia •Luxemburg •United Kingdom share experiences and seek solutions to common problems. We work
•Finland •Mexico •United States
with governments to understand what drives economic, social and
•France •Netherlands •New Zealand environmental change. We measure productivity and global flows of
•Germany •Norway trade and investment. We analyse and compare data to predict future
•Greece •Poland trends. We set international standards on a wide range of things, from
•Hungary •Portugal agriculture and tax to the safety of chemicals.
Oil Industry Development Board (OIDB)
The Oil Industry Development Board was established on 13th January, 1975 under the Oil Industry
(Development) Act, 1974 to provide financial assistance for development of Oil Industry. The Oil Industry
(Development) Act, 1974 was enacted following successive and steep increase in the international prices of
crude oil and petroleum products since early 1973, when the need of progressive self-reliance in petroleum
and petroleum based industrial raw materials assumed more importance. The Oil Industry Development
Board is functioning under the administrative control of Ministry of Petroleum & Natural Gas.

Function:

In accordance with the mandate given to OIDB under the Oil Industry
(Development) Act 1974,OIDB provides the financial and other
assistance for promotion of activities which are conducive to the
development of oil industry, which under the act includes all activities by
way of prospecting or exploring for or production of mineral oil, refining,
processing, transportation, storage, handling and marketing, of mineral
oil production and marketing of all products, down-stream of an oil
refinery and all activities directly or indirectly connected therewith.
Directorate General of Hydrocarbons (DGH)
The Directorate General of Hydrocarbons (DGH) was established in 1993 under the administrative control of
Ministry of Petroleum & Natural Gas through Government of India Resolution. Objectives of DGH are to
promote sound management of the oil and natural gas resources having a balanced regard for environment,
safety, technological and economic aspects of the petroleum activity.

Function:

DGH has been entrusted with several responsibilities like implementation

of New Exploration Licensing Policy(NELP), matters concerning the
Production Sharing Contracts for discovered fields and exploration
blocks, promotion of investment in E&P Sector and monitoring of E&P
activities including review of reservoir performance of producing fields.
In addition, DGH is also engaged in opening up of new unexplored areas
for future exploration and development of non-conventional
hydrocarbon energy sources like Coal Bed Methane(CBM) as also
futuristic hydrocarbon energy resources like Gas Hydrates and Oil
Shales.
The Petroleum and Natural Gas Regulatory
Board (PNGRB)
The Petroleum and Natural Gas Regulatory Board (PNGRB) was constituted under The Petroleum and Natural
Gas Regulatory Board Act, 2006 (NO. 19 OF 2006) notified via Gazette Notification dated 31st March, 2006.

Function:

To create a vibrant energy market with rapid and orderly growth through
facilitation of flow of investments into the basic infrastructure for
efficient transportation and distribution of petroleum, petroleum
products and natural gas at minimum cost and high level of protection
of consumer interests through fair trade practices and competition
amongst the entities so as to ensure the enhanced competitiveness of
Indian economy and customer satisfaction
 Centre for High Technology (CHT
The Government Technology Policy Statement and Declaration aiming at development of our own capabilities
to attain technological competence and self reliance in strategic and critical areas needed the following for
achieving excellence and progress in petroleum refining:

• Create an environment for technological improvement and to identify areas / missions where technological
improvements is needed
• Establish Scientific Advisory Committees for interaction and firm linkages with R&D and Academic
Institutions
• Draw action plans for technology up-gradation through collaborative projects
• Project proposal evaluation and appraisal
• Simplify procedures for according various clearances / approvals for mission status projects
• Create Advance Technology Cells

Priority for pursuing the above decisions and objectives necessitated creation of a dedicated technology cell
- Centre for High Technology by Ministry of Petroleum & Natural Gas on 27th May 1987.
Petroleum Planning & Analysis Cell (PPAC)
Subsequent to the dismantling of the Administered Pricing Mechanism (APM) in the petroleum
sector, Oil Coordination Committee (OCC) was abolished and a new cell called Petroleum
Planning & Analysis Cell (PPAC), attached to the Ministry of Petroleum and Natural Gas, was
created effective 1st April 2002.

PPAC is to assist the Government in discharge of some of the functions earlier performed by
OCC.
The expenditure of PPAC is borne by Oil Industry Development Board (OIDB).
The cell is located at New Delhi (India).
Objectives:
• To ensure effective administration of the subsidy schemes notified by the Government.
• To monitor and analyse trends in prices of crude oil, petroleum products and natural gas and their impact on the oil
companies and consumers, and prepare appropriate technical inputs for policy making.
• To monitor developments in the domestic market and analyse options for policy changes in pricing, transportation
distribution of petroleum products.
• To collect, compile and disseminate data on the domestic oil and gas sector in a continuous manner and maintain the
data bank.
• To ensure quality of data in terms of prescribed parameters such as accuracy, completeness and timeliness.
• To prepare periodic reports on various aspects of oil and gas sector.
 Petroleum Conservation Research
Association (PCRA)
Petroleum Conservation Research Association (PCRA) is a registered society set up under the aegis
of Ministry of Petroleum & Natural Gas, Government of India. As a non-profit organization, PCRA is a
national government agency engaged in promoting energy efficiency in various sectors of economy. It
helps the government in proposing policies and strategies for petroleum conservation, aimed at
reducing excessive dependence of the country on oil requirement. Over the years, PCRA has
enlarged its role in improving productivity in use of various sources of energy.
Objectives:
• To formulate strategies and promote measures for accelerating conservation of petroleum products leading to
environment protection, energy security and sustainable development.
• To create awareness among masses about the importance, benefits and methods of conserving petroleum products &
clean environment by enhancing information and capacity building.
• To promote research, development and deployment efforts aimed at petroleum conservation & environment protection,
support & facilitate efforts for adoption and dissemination of fuel efficient technologies and substitution of petroleum
products with alternate fuels and renewable.
• To establish synergistic institutional linkages at the national & international levels in the areas of petroleum conservation
& environment protection.
• To provide training and technical advisory services, designed to achieve economy & efficiency in use of petroleum
products for cleaner environment.
• To function as a Think Tank to the Govt. of India for proposing policies and strategies on petroleum conservation and
environment protection aimed at reducing excessive dependence on oil.