• Demand and supply imbalances in commercial fuels: The demand for energy, particularly commercial energy, has been growing rapidly with the growth of the economy, but supply has not increased concurrently. In 2011-12, out of the 710 mtoe of primary energy demand, the demand for 536 mtoe was for commercial energy and 148 mtoe was for non commercial purposes which was domestically produced, but for commercial energy requirement was fulfilled by producing 514 mtoe domestically and 197 mtoe was imported. Thus, 1/3rd of the demand for commercial energy was met through imports. The approach paper to 12th FYP says in order to achieve the target of 9% growth rate in GDP during 12th FYP, energy supply will have to grow at 6.5% per annum.
• Growing oil imports bill: In 1973-74, Indiaâ€™s oil import bill was  1,100 crore which increased to  10,816 crore in 1990-91 and further to  6,00,000 crore in 2011-12. Petroleum, oil and lubricants (POL) constitute 1/3rd of our import bills (35%).