New Delhi: Bharat Petroleum Corporation has deferred maintenance of a crude unit at the 240,000 barrel per day (bpd) Mumbai refinery till May as it seeks to get through the strong fuel crackdown, two sources privy to the plan said. .
He said India’s second largest state refiner plans to shut down 120,000 bpd crude units and some secondary units, including diesel hydro desulfurizer and hydrogen production unit, for 20-25 days from the end of this month.
Indian state refiners have not raised pump prices since November 4, despite a jump in global oil and fuel prices.
Rising Asia complex margins are prompting companies to profit from exports to boost crude oil sales and offset some of the losses incurred by selling the fuel in the local market.
BPCL did not respond to an email seeking comment.
before this Indian Oil CorporationReliance Industries Limited, the country’s top refiner and operator of the world’s largest refining complex, had called off maintenance of the units.
He said India’s second largest state refiner plans to shut down 120,000 bpd crude units and some secondary units, including diesel hydro desulfurizer and hydrogen production unit, for 20-25 days from the end of this month.
Indian state refiners have not raised pump prices since November 4, despite a jump in global oil and fuel prices.
Rising Asia complex margins are prompting companies to profit from exports to boost crude oil sales and offset some of the losses incurred by selling the fuel in the local market.
BPCL did not respond to an email seeking comment.
before this Indian Oil CorporationReliance Industries Limited, the country’s top refiner and operator of the world’s largest refining complex, had called off maintenance of the units.