July 2017

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Viewpoint: The future of India’s refining capacity and the rise of clean fuels

India is emerging as the world’s new oil demand center, with burgeoning consumption providing huge potential for downstream oil and gas growth. With a GDP ranked in the top 10 globally and a large, growing population, India has seen continuous increases in demand for energy in all forms.

Kanwar, R., Contributing Writer; Nichols, Lee, Hydrocarbon Processing Staff

India is emerging as the world’s new oil demand center, with burgeoning consumption providing huge potential for downstream oil and gas growth. With a GDP ranked in the top 10 globally and a large, growing population, India has seen continuous increases in demand for energy in all forms. India’s domestic refining capacity sits at approximately 4.6 MMbpd—the country’s refining network capacity has more than tripled over the past two decades. India’s refining capacity is adequate to meet present consumption rates, but due to the projected growth in demand, additional refining capacity is needed. Both public and private refiners are planning, or have already commenced, major refinery expansion

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