India’s refining capacity to expand 20% by 2028 on robust run rates, demand growth

India’s refining capacity is set to expand more than 20% over the next three years, as growing domestic and overseas demand for oil products is pushing existing refineries to run at over 100% capacity, the country’s petroleum minister Hardeep Singh Puri said. “Looking ahead, India’s refining capacity utilization is set to rise from 256 million ...