The world’s third-largest crude oil importer, India, plans to double its refining capacity by 2030 from the current 5 million barrels per day (bpd), Oil Minister Dharmendra Pradhan said at a webinar on Tuesday. India aims to boost its refining capacity from the current 250 million tons per year (or around 5 million bpd) to 450-500 million tons a year (up to 10 million bpd) in next ten years, in order to meet growing domestic fuel demand as well as to export fuel, the oil minister said. The refinery capacity additions will consist of both expansion of existing refineries and the construction of new ones, Pradhan said. India plans the construction of the huge proposed refinery on its west coast to start soon, the minister said, as quoted by Indian media . The mega refinery complex that India plans with the national oil companies of Saudi Arabia and the […]