Investor Presentaiton

30 India - Attractive Industry Dynamics Significant potential for domestic O&G companies given low per-capita oil consumption Oil: Consumption in thousands of barrels per day* Singapore China 1332 1401 890 Australia 1031 1192 UK 1531 2045 Germany 2270 2323 Brazil 2438 US India 4669 5148 0 5000 Indian Oil Demand Million Tonnes FY 21 14225 14005 27.6 72.7 28.0 26.3 FY 20 30.0 24.9 FY 19 28.3 23.3 FY 18 26.2 21.6 17178 FY 17 19475 23.8 19.6 FY 16 21.8 10000 15000 20000 2020 2019 Source: BP Statistical Review of World Energy 2021 Source: PPAC LPG Diesel Petrol 76.0 74.6 82.6 Bharat Petroleum energising lives 83.5 81.1

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