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Thursday, 15 June 2017

BPCL eyes Bina refinery expansion to 310,000 bpd in 4-5 years

State-run Bharat Petroleum Corp aims to expand the capacity of its Bina refinery in central India to about 310,000 barrels per day (bpd) in the next four to five years from the current 120,000 bpd, its head of refineries said on Wednesday. India aims to expand its refining capacity by 35 percent to 6.2 million bpd to meet the country's rising fuel demand. BPCL owns a majority stake in Bharat Oman Refineries Ltd (BORL), which runs the plant. Oman Oil Co owns 26 percent in the refinery. BPCL is in the process of raising the capacity of its Kochi refinery in Southern India to 310,000 bpd by September this year. Get profit from the Financial Market with lots of profitable service packages and more click here--- http://www.ripplesadvisory.com/nifty-future-.php

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