Petrochemicals
Master plan envisaging investment of Rs. 30,000 crore (US$ 6.8 Billion) by the year 2011-12

Plans for developing world-class petrochemical production centres at Panipat, Koyali, Paradip, Haldia and Chennai

Natural Gas
Co-promoter of Petronet LNG Ltd. (incorporated in 1998)

Marketing 1.63 MMTPA of re-gassified LNG (including internal consumption)

Developing gas-related infrastructure, including an LNG import terminal at Ennore near Chennai

Setting up integrated city gas distribution projects with joint venture partners

Exploration & Production
Participating Interest in eight oil & gas exploration blocks and two Coal Bed Methane blocks under NELP (New Exploration Licencing Policy) rounds

Farmed into two blocks in Cachar and Assam-Arakan regions in Northeast India

Overseas assets in Iran, Libya, Gabon, Nigeria and Yemen as consortium partner

IndianOil-Oil India consortium permitted to launch special purpose vehicle by the Government of India for acquiring E&P assets abroad

Globalisation
Three overseas subsidiaries for downstream marketing activities – in Sri Lanka, Mauritius and the UAE

Export of petroleum products and petrochemicals to countries in Southeast Asia, Middle East and Europe