Petroleum Planning and Analysis Cell (PPAC)

About PPAC

1. The Petroleum Planning and Analysis Cell (PPAC) functions under the Ministry of Petroleum and Natural Gas (MoPNG).
2. It provides data and analytical inputs for policymaking in the oil and gas sector.
3. It collects and analyses sectoral data to support evidence-based decisions.

 Key Functions

1. Price Monitoring: Analyses crude oil and petroleum product prices in domestic and global markets.
2. Subsidy Monitoring: Supports implementation of government subsidy schemes.
3. Sector Analysis: Monitors trends in India’s oil and gas sector and their impact on companies and consumers.
4. Data Management: Maintains a sectoral data bank and ensures the accuracy, completeness and timeliness of data.
5. International Cooperation: Promotes information exchange and joint studies with other countries and international organisations.
6. Reporting: Publishes periodic analytical reports on the oil and gas sector.

 Significance

1. Evidence-Based Governance: Strengthens government decision-making through reliable sectoral information.
2. Price Stability: Helps assess the impact of global oil price fluctuations on India’s petroleum market.
3. Policy Impact: Supports better management of issues affecting fuel prices, subsidies and consumers.

FAQs

Q1. What is PPAC?
Ans. The Petroleum Planning and Analysis Cell (PPAC) is an analytical and data-support body under the Ministry of Petroleum and Natural Gas. It supports policymaking in the oil and gas sector.

Q2. What is the major role of PPAC in petroleum pricing?
Ans. It monitors domestic and international crude oil and petroleum product prices and provides technical inputs to the government on pricing-related issues.

Q3. What kind of data does PPAC maintain?
Ans. It collects and compiles data relating to the domestic oil and gas sector and maintains a sectoral data bank, while ensuring data quality.