Business Standard

Sunday, January 19, 2025 | 12:21 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

India's crude oil refinery production rises 2.5% in August 2016

Image

Capital Market

Crude oil refinery output up 7.3% to 99.17 million tonnes in April-August 2016

India's crude oil refinery output increased 2.5% to 19.75 mt in August 2016 over August 2015. The output of public sector refineries improved 4.2% to 10.21 mt, while the output of private refineries also rose 0.8% to 8.09 mt. The refinery output of public-private JV refiners moved up 1.0% to 1.45 mt in August 2016.

Among public refineries, the output of Chennai Petroleum Corporation jumped 87.8% to 0.92 mt, while the output of Bharat Petroleum Corporation moved up 6.1% to 2.06 mt, and Indian Oil Corporation 4.7% to 4.63 mt in August 2016 over August 2015. The output of Mangalore Refineries also inched up 2.4% to 1.26 mt, but that of Numaligarh Refineries declined 12.4% to 0.23 mt, and Hindustan Petroleum Corporation 23.7% to 1.12 mt in August 2016.

 

Among private refiners, the output of Reliance Petroleum increased 0.7% to 6.39 mt, while that of Essar Oil improved 1.5% to 1.70 mt in August 2016 over August 2015. Among JV refineries, the output of Bharat Oman declined 0.6% to 0.57 mt, while the output of HPCL Mittal rose 2.0% to 0.88 mt in August 2015.

The cumulative refinery output increased 7.3% to 99.17 mt in April-August 2016. The output of public refineries increased 10.3% to 52.95 mt, while that of private refineries rose 3.7% to 39.31 mt. The refinery output of JV refineries moved up 6.0% to 6.91 mt in April-August 2016.

Among public refineries, the output of Numaligarh Refineries improved 27.8% , Indian Oil Corporation 14.2% , Hindustan Petroleum Corporation 12.4% , Chennai Petroleum Corporation 12.3% , Bharat Petroleum Corporation 3.6% and Mangalore Refineries 0.5% .

The overall capacity utilization was lower at 103.4% in August 2016 compared with 107.7% in August 2015, while it was higher at 105.5% in April-August 2016 compared with 105.2% in April-August 2015.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Sep 22 2016 | 3:55 PM IST

Explore News