Overview of the Oil & Gas Industry

Securing Energy and Feedstock Supplies for India's Economic Rise

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Related Companies

Refining

The refining industry in India comprises of:

  • 1. Public Sector Undertaking
  • Refineries (PSUs)
  • 2. Private Sector Refineries
  • 3. Joint Venture Refineries

The Indian petroleum refining industry comprises of both private and public companies. There are around 22 refineries in India with a total installed capacity of 215 million metric ton per annum (MMTPA).

Gallery
Gallery
Gallery with 19 images

Public sector accounts for 19 numbers (including two joint venture refineries) and three belongs to the private sector. There is a wide gap between the private and public sector refiners in respect of product-mix, refining margin, capacity, pricing and market.

(Source: PROCESS Worldwide Subcontinent Edition)

Refining capacity and production trend for last 3 years

Over the years, there has been considerable increase in the refining capacity in India. But in 2014 and 2015, there has been no substantial capacity expansion.

Private sector refineries grew at CAGR (Compound Annual Growth Rate) of 12.48 per cent from 43.6 to 88.3 MMTPA between 2008 and 2014. The refining capacity of the country is projected to reach 307 MMTPA by the end of 2016–17 as per the Draft Report of Working Group on Refinery for the 12th Plan.

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