India's crude oil refinery production rises 7% in September 2016

Refinery output improves 7.2% in April-September 2016

India's crude oil refinery output increased 7.0% to 18.88 mt in September 2016 over September 2015. The output of public sector refineries improved 6.9% to 9.87 mt, while the output of private refineries also moved up 12.7% to 7.83 mt. However, the refinery output of public-private JV refiners dipped 19.7% to 1.18 mt in September 2016.

Among public refineries, the output of Mangalore Refineries jumped 27.9% to 1.11 mt, while the output of Chennai Petroleum Corporation moved up 27.5% to 0.85 mt, and Bharat Petroleum Corporation 11.6% to 2.00 mt in September 2016 over September 2015. The output of Indian Oil Corporation also inched up 8.3% to 4.60 mt, but that of Hindustan Petroleum Corporation declined 12.7% to 1.23 mt, and Numaligarh Refineries plunged 69.8% to 0.07 mt in September 2016.

Among private refiners, the output of Reliance Petroleum increased 1.7% to 6.13 mt, while that of Essar Oil zoomed 84.5% to 1.70 mt in September 2016 over September 2015.

Among JV refineries, the output of Bharat Oman declined 22.2% to 0.45 mt, while the output of HPCL Mittal also fell 18.1% to 0.73 mt in September 2015.

The cumulative refinery output increased 7.2% to 118.05 mt in April-September 2016. The output of public refineries increased 9.7% to 62.82 mt, while that of private refineries moved up 5.1% to 47.14 mt. The refinery output of JV refineries rose 1.3% to 8.09 mt in April-September 2016. Among public refineries, the output of Chennai Petroleum Corporation improved 14.6%, Indian Oil Corporation 13.2%, Hindustan Petroleum Corporation 7.5%, Numaligarh Refineries 6.7%, Bharat Petroleum Corporation 4.8% and Mangalore Refineries 4.1%.

The overall capacity utilization was higher at 104.3% in September 2016 compared with 102.4% in September 2015, while it was also higher at 105.3% in April-September 2016 compared with 104.7% in April-September 2015.

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