Petroleum
Petroleum, often referred to as 'liquid gold', is a critical mineral resource in India, essential for energy generation and various industrial applications. This section discusses the geological formations where petroleum is found, primarily in sedimentary basins such as Assam, Gujarat, and along the Mumbai High offshore region. Exploration and production have significantly expanded since 1956, leading to new reserves in various basins.
Distribution and Reserves
Petroleum reserves predominantly lie in Assam, Gujarat, and the Mumbai High region, while new finds have been recorded in the Krishna-Godavari and Kaveri basins. The section underlines the importance of crude oil and its by-products that cater to diverse industrial sectors.
Importance of Petroleum
Petroleum is crucial for generating thermal power, operating internal combustion engines, and serving as a raw material in petrochemical industries. Its multifaceted uses include fuel for transport, heating, and the production of chemicals, synthetic fibers, and other products. This section emphasizes the need for sustainable extraction and consumption of petroleum to meet future energy demands efficiently.