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These strategic storages are in addition to the existing storages of crude oil and petroleum products with the oil companies and serve in response to external supply disruptions. [6] Indian refiners maintain 64.5 days of crude storage, so India has overall reserve oil storage of 74 days. [7]
India was the second top net crude oil (including crude oil products) importer of 205.3 Mt in 2019. [1] By March 2021, India's domestic crude oil production output fell by 5.2% and natural gas production by 8.1% in the FY21 as producers extracted 30.4917 Mt of crude oil and 28.67 BCM of natural gas in the fiscal year.
It is the tenth largest refinery in India. [1] The work for refinery started in 2008 and the refinery became operational in March 2012. [2] Its annual capacity is 11.3 Million tons (230,000 barrels per day). [3] It was built at a cost of $4 billion. [4]
After discovery of oil in the Assam state of India in late 1880s, the first oil refinery was set up at Digboi. Digboi Refinery was commissioned in 1901. [1] Following is a list of oil refineries in India, per the Petroleum Planning and Analysis Cell of the Ministry of Petroleum and Natural Gas, Government of India, [2] arranged in decreasing order of their capacity.
Pages in category "Oil and gas companies of India" The following 29 pages are in this category, out of 29 total. This list may not reflect recent changes. B.
An oil terminal (also called a tank farm, tankfarm, oil installation or oil depot) is an industrial facility for the storage of oil, petroleum and petrochemical products, and from which these products are transported to end users or other storage facilities. [1]
The major oil terminals / depots in India are: Agra Terminal of IOCL; Dhourmui Terminals of IOCL, BPCL and HPCL near Bharatpur; Roorkee Terminal of IOCL;
Kochi Refinery Limited (KRL) is a crude oil refinery in the city of Kochi in Kerala, India.It is the largest public sector refinery in India with a production capacity of 15.5 million tonnes per year. [2]