India plans to raise refining capacity by 77 pct by 2030 – Feedback

Refiners in India, the world’s third-biggest oil consumer and importer, have drawn up plans to raise their capacity by 77 percent to about 8.8 million barrels per day (bpd) by 2030 to meet the country’s rising fuel demand.

India’s refining expansion plan will ensure the nation’s surplus production of diesel and gasoline will last till 2035, according to a report prepared and released by the Ministry of Petroleum and Natural Gas. India is emerging as one of the key global drivers for refined fuels consumption as its economic expansion and rising industrial activity yields infrastructure improvements and increased energy access for commercial and retail consumers.

https://energy.economictimes.indiatimes.com/news/oil-and-gas/india-plans-to-raise-refining-capacity-by-77-pct-by-2030-govt-report/62835748

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