India’s Jan refinery output up 3.8% YoY: govt

India’s Jan refinery output up 3.8% YoY: govt
PTI
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First Published: Wed, Feb 24 2010. 05 14 PM IST
New Delhi: India’s January refinery output grew 3.8% from a year earlier as most plants operated at higher rates to meet annual targets, government data showed on Wednesday.
In January, when refining margins for simple Asian refiners rose to $1.78 from 63 cents in December, Indian refiners processed 3.31 million barrels per day (bpd) of crude oil.
Crude processing at state-owned refineries, which meet local demand, rose 2.3% in January from a year earlier.
Annual crude processing at Reliance Industries’ 660,000 bpd plant in the western Gujarat state rose an annual 8.2% in January.
Reliance does not provide details of crude runs at its new export-focused 580,000 bpd refinery, located next to the larger plant. Together, they form the world’s biggest refining complex.
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First Published: Wed, Feb 24 2010. 05 14 PM IST
More Topics: Crude | Petrol | Refinery Output | Oil | Natural Gas |