India to boost refining capacity to 6.19 mln bpd by 2028, says minister
India's refining capacity is set to grow by about 20% to 309.5 million metric tons by 2028 to address increasing fuel demand, said the junior petroleum minister. The existing capacity is around 5.14 million bpd. Strategic petroleum reserves would ...
India refiners continue to upgrade their plants and boost capacity, Suresh Gopi said.
India's current refining capacity stands at about 5.14 million bpd.
In response to a separate question, the minister said India's strategic petroleum reserves (SPRs) can meet the nations crude oil requirement for 9.5 days.
The nation has SPRs at three locations in southern India with a combined capacity of 5.33 million tons and has approved the building of a 4 million ton facility at Chandikhol in Odisha and a 2.5 million ton facility in Karnataka with the involvement of private companies.
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