India can become net exporter of crude oil by 2020: CJP
India can become net exporter of crude oil by 2020: CJP
India produced roughly 880 thousand barrels per day (bbl/d) of total oil in 2009 from over 3,600 operating oil wells. Approximately 680 thousand bbl/d was crude oil; the remainder was other liquids and refinery gain. In 2009, India consumed nearly 3 million bbl/d making it the fourth largest consumer of oil in the world. EIA expects approximately 100 thousand bbl/d annual consumption growth through 2011.The experts at CJP have stressed there is an urgent need to search an option and substitute the increasing consumption of fossil fuel claiming that the end of conventional source of energy reserves is not very far-off. They have suggested that biofuels can substitute fossil fuel and the Indian government should make a concrete strategy on biofuel programme as it is related with the energy security as well as the national security.
The combination of rising oil consumption and relatively flat production has left India increasingly dependent on imports to meet its petroleum demand. In 2009, India was the sixth largest net importer of oil in the world, importing nearly 2.1 million bbl/d, or about 70 percent, of its oil needs. The EIA expects India to become the fourth largest net importer of oil in the world by 2025, behind the United States, China, and Japan.
Nearly 70 percent of India’s crude oil imports come from the Middle East, primarily from Saudi Arabia, followed by Iran. The Indian government expects this geographical dependence to rise in light of limited prospects for domestic production.
India is at the fifth place in the overall consumption of fossil fuels. These fuels cause air pollution and are a major source of green house gas emission, thus are behind the climate change phenomenon. In contrast, biofuels are renewable sources of energy; hence, they can supplement hydrocarbon fuels, assist in their conservation, as well as mitigate their adverse effects on the climate.
In this context Centre for Jatropha Promotion & Biodiesel (CJP) is targeting to plant 20 billion biodiesel trees plantation by 2013. While highlighting the CJP’s plan Mr. Maharshi CEO said, “At present India imports around 800 million bbl crude oil per annum. To make this deficit good India needs 8 million more well with an investment of US$ 4 trillion. Contrary to this a plantation of 20 billion biodiesel trees with an investment of US$ 40 billion can produce 900 million bbl crude per annum with amazing other benefit of environment, employment and rural electrification.
These too do not need any type of arable or no arable land. The plantation being done on boundary line and other nontraditional agronomic areas. The present project explores a method of growing oil seed trees in nontraditional agronomic areas and would generate following positive outcomes:
Produce sustainable fuels from idle areas that are costly to maintain; Provide Carbon reduction; Provide support to the local economy by providing jobs and relatively inexpensive fuels.
With years of continuing research, experiments and trials has provided an adage to find and develop 2nd generation biodiesel feedstock with low cost input technology. CJP have honor to establish a number of biodiesel crops - the untapped resource as alternative source for Bio- Diesel industry of future.CJP has identified, tried, developed and cultivated following oil seed bearing trees and non-food oil crops.
India has a lot of potential of non-edible oil tree born seeds. The country is endowed with more than 100 species of tree born non edible oil seeds occurring in wild or cultivated sporadically, to yield oil in considerable quantities. Implementing its vast agronomic knowledge base and in-depth experience, CJP has proven highly successful in growing a number of biodiesel crops; some of them are Jatropha Curcas, Simmondsia Chinesis,Pongamia Pinnata(Derris Indica),Garcinia Indica,Madhuca Indica,Azadirachta Indica,Simarouba Glauca, Moringa Oleifera, Citrullus Colocynthis, Ricinus Communis.
CJP invite young dynamic ambitious guys to turn their passion into profit by joining (Bio‐business partners) our biodiesel tree plantation “2020 biodiesel Programme”
CJP and its Bio‐business partners shall work to make 2020 biodiesel programme - a sustainable business for the benefit of the rural poor and investors alike. Our unique market position – at the interface of social entrepreneurs, social investors and international development organizations – enables us to successfully promote and implement this project.
About CJP
Centre for Jatropha Promotion & Biodiesel (CJP) India is the Global authority for scientific commercialization of Jatropha fuel crop.
CJP is dedicated to the development of oil seed bearing trees [OSBT] - non-food multiple vegetable oil plantation and technologies in order to reduce dependence on fossil fuels, bring greater control and security of fuel supply and reduce dangerous climate changing emissions, including CO2.
CJP is pioneering the science, planting and production of inedible vegetable oils by planting of a variety of tree & non-food crop plantation
CJP is engaged in scientific commercialization of non-food fuel crop- that designs and implements the growing of various oil seed bearing tree [OSBT] crops worldwide in a structured Agri-Supply chain, Value additions of inedible oil seeds and research activities thereon & provides support/services from “Soil to Oil” for development and establishment of the non -food Bio-fuel crops.
CJP use its proprietary knowledge to implement programmes through its expertise, technology and IPR knowledge creating new industry and job creation and the offsetting of climate change
India can become net exporter of crude oil by 2020: CJP
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