According to the Ministry of Petroleum and Natural Gas (MoPNG), India will need crude oil refining capacity of 439 million tonnes per annum (mtpa) by 2030 and 533 mtpa by 2040 to meet domestic demand. […]
India is one the few countries in the world that has a heavy dependence on crude oil imports while also being a significant exporter of refined products. At present, the country imports 80 per cent […]
With the economy set to grow at an average rate of about 8 per cent in the next couple of years, demand for gas will continue unabated. According to estimates by ICRA, gas demand will […]
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