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India's Downstream Petroleum Sector: Refined Product Pricing and Refinery Investment

Author

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  • Kieran Clarke

    (Australian Department of Resources, Energy and Tourism)

  • Dagmar Graczyk

    (International Energy Agency)

Abstract

This study provides a holistic examination of pricing and investment dynamics in India’s downstream petroleum sector. It analyses the current pricing practices, highlights the tremendous fiscal cost of current pricing and regulatory arrangements, and examines the sectoral investment dynamics. It also looks at potential paths towards market-based reform along which the Indian government may move, while at the same time protecting energy market access for India’s large poor population.

Suggested Citation

  • Kieran Clarke & Dagmar Graczyk, 2010. "India's Downstream Petroleum Sector: Refined Product Pricing and Refinery Investment," IEA Energy Papers 2010/4, OECD Publishing.
  • Handle: RePEc:oec:ieaaaa:2010/4-en
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    File URL: http://dx.doi.org/10.1787/5kmh3nht1stg-en
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