Petroleum Refining
Indian Refiner IOCL Proceeds with Expansion Projects
India's largest refiner, Indian Oil Corporation Limited (IOCL) (New Delhi), is reviving its expansion projects to help improve refinery margins and reduce emissions and greenhouse gases.
Released Thursday, September 01, 2022
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Researched by Industrial Info Resources (Sugar Land, Texas)--India's largest refiner, Indian Oil Corporation Limited (IOCL) (New Delhi), is reviving its expansion projects to help improve refinery margins and reduce emissions and greenhouse gases.
The Mathura refinery has received the nod to expand by 60,000 barrels per day (BBL/d) as part of the Residue Upgrade Project through which it will upgrade its diesel units and reduce sulfur content. Similarly, the Bongaigaon refinery will be expanded from 54,000 BBL/d to 90,000 BBL/d, while the Digboi refinery will expand from 13,000 BBL/d to 20,000 BBL/d. Approval for all the projects is in its early stages. According to current estimates, Digboi is expected to increase its capacity by 2025, whereas the expansion project of the Bongaigaon refinery and the Residue Upgrade Project at the Mathura refinery are expected by 2027.
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Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
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