BRITISH GAS HOPES TO START A SEISMIC PROGRAM THIS YEAR.
May 27, 1991
India to hike refining capacity India's refining sector is targeting an almost doubling of crude processing capacity this decade. Plans outlined by Indian Oil Corp., Hindustan Petroleum Corp., and Bharat Petroleum Corp. Ltd. envision India's refining capacity growing to about 1.5 million b/d by 1995 and 2 million b/d by 2000 from the current 1.08 million b/d. Keys to that growth are plans by each company to build a 120,000 b/d grassroots refinery--IOC at Orissa, HPC on the west coast,
India to hike refining capacity India's refining sector is targeting an almost doubling of crude processing capacity this decade.
Plans outlined by Indian Oil Corp., Hindustan Petroleum Corp., and Bharat Petroleum Corp. Ltd. envision India's refining capacity growing to about 1.5 million b/d by 1995 and 2 million b/d by 2000 from the current 1.08 million b/d. Keys to that growth are plans by each company to build a 120,000 b/d grassroots refinery--IOC at Orissa, HPC on the west coast, and BPCL in Central India.
IOC also has scheduled:
Completion of the 120,000 b/d Karnal refinery by 1996.
Completion of mechanical work on a $500 million Baroda refinery hydrocracker, India's first, by 1992.
Commissioning the $735 million, 1,300 km Kandla-Bhatinda refined products pipeline by mid-1995.
Other IOC projects under way include installation of $75 million catalytic reformers at Barauni and Digboi refineries, a $100 million Digboi refinery revamp, and a $20 million revamp of the Haldiz refinery lube oil train.
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