India's Refining Capacity and Export Trends in Focus
OIL & GAS

India's Refining Capacity and Export Trends in Focus

India, the world's fourth-largest refiner, reported a refining capacity of 256.8 million metric tons per annum (MMTPA) as of April 2024, as per the Petroleum Planning and Analysis Cell (PPAC). With 22 operational refineries, private firms hold a significant 34.3% share, positioning India as the second-largest refiner in Asia.

Refinery Expansion Projects India is scaling up its refining capacity with major projects underway:

Cauvery Basin Refinery (CBR), Nagapattinam: Capacity to increase from 1 MMTPA to 9 MMTPA. Numaligarh Refinery: Expansion from 3 MMTPA to 9 MMTPA. HPCL Rajasthan Refinery Ltd.: A joint venture between HPCL and the Rajasthan Government with a planned capacity of 9 MMTPA.

Production and Utilization

For H1 of FY 2024-25, India processed 132.1 million metric tons (MMT) of crude oil, achieving an average capacity utilization of 102.9%, nearly matching the 103% utilization from the previous fiscal year. Total petroleum product output during this period was 139.9 MMT, categorized as:

Lighter distillates (LPG, motor spirit): 35% Middle distillates (HSD, ATF): 51.6% Heavy ends (petcoke, fuel oil): 13.4% HSD dominated domestic production at 43.1%, followed by motor spirit (16.6%) and naphtha (6.7%).

Export and Import Trends Crude Oil Imports: Rising domestic consumption pushed crude oil imports up by 3.2% in H1 FY 2024-25. POL Product Exports: Exports grew by 3% in volume but fell 6.6% in value terms, dropping from $23.7 billion in H1 FY 2023-24 to $22.1 billion in H1 FY 2024-25. High-speed diesel (HSD), motor spirit (MS), and aviation turbine fuel (ATF) led the export basket, contributing 40.9%, 22.7%, and 14.1%, respectively.

India's refining sector continues to evolve, driven by capacity expansion, efficient utilization, and growing demand for petroleum products, both domestically and internationally.

India, the world's fourth-largest refiner, reported a refining capacity of 256.8 million metric tons per annum (MMTPA) as of April 2024, as per the Petroleum Planning and Analysis Cell (PPAC). With 22 operational refineries, private firms hold a significant 34.3% share, positioning India as the second-largest refiner in Asia. Refinery Expansion Projects India is scaling up its refining capacity with major projects underway: Cauvery Basin Refinery (CBR), Nagapattinam: Capacity to increase from 1 MMTPA to 9 MMTPA. Numaligarh Refinery: Expansion from 3 MMTPA to 9 MMTPA. HPCL Rajasthan Refinery Ltd.: A joint venture between HPCL and the Rajasthan Government with a planned capacity of 9 MMTPA. Production and Utilization For H1 of FY 2024-25, India processed 132.1 million metric tons (MMT) of crude oil, achieving an average capacity utilization of 102.9%, nearly matching the 103% utilization from the previous fiscal year. Total petroleum product output during this period was 139.9 MMT, categorized as: Lighter distillates (LPG, motor spirit): 35% Middle distillates (HSD, ATF): 51.6% Heavy ends (petcoke, fuel oil): 13.4% HSD dominated domestic production at 43.1%, followed by motor spirit (16.6%) and naphtha (6.7%). Export and Import Trends Crude Oil Imports: Rising domestic consumption pushed crude oil imports up by 3.2% in H1 FY 2024-25. POL Product Exports: Exports grew by 3% in volume but fell 6.6% in value terms, dropping from $23.7 billion in H1 FY 2023-24 to $22.1 billion in H1 FY 2024-25. High-speed diesel (HSD), motor spirit (MS), and aviation turbine fuel (ATF) led the export basket, contributing 40.9%, 22.7%, and 14.1%, respectively. India's refining sector continues to evolve, driven by capacity expansion, efficient utilization, and growing demand for petroleum products, both domestically and internationally.

Next Story
Resources

Jyoti Structures Launches Heat Safety Drive Across Sites

Jyoti Structures (JSL) has strengthened heat safety measures across its project sites and manufacturing facilities as temperatures rise across India. The company has implemented a Summer Safety Plan covering all transmission line projects to address risks related to heat stress, dehydration and worker fatigue.The initiative includes rescheduling work away from peak afternoon temperatures, provision of drinking water, ORS and lemon-salt solutions, and installation of rest shelters near work areas. Daily toolbox talks, worker health monitoring, first-aid preparedness, emergency transport arrange..

Next Story
Real Estate

MHADA Declares 82 Buildings Most Dangerous in Central and South Mumbai

The Maharashtra Housing and Area Development Authority (MHADA) has declared 82 buildings as most dangerous across Central and South Mumbai and has appealed to residents to vacate immediately. The list, prepared after structural assessments by the authority, identifies buildings judged to pose imminent risk to occupants and to passersby. Local civic bodies have been asked to coordinate evacuations and to make arrangements for temporary shelter and rehabilitation for displaced households. Officials said the authority prioritised buildings with visible structural distress, severe cracking, tiltin..

Next Story
Infrastructure Transport

Damage Reported At Halwara Airport Terminal After First Rains

Severe damage was reported at the terminal of Halwara Airport during the first major rain spell of the season, prompting immediate concern among aviation and local authorities. Images from the site showed water ingress and visible deterioration of the terminal interior, affecting passenger areas and ancillary services. The airport authority suspended certain operations temporarily to assess structural safety and ensure passenger wellbeing. Preliminary inspections have prioritised electrical systems and roof seals to prevent further water ingress. State aviation officials ordered a formal inqui..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement