New Indian Refinery to Be Delayed by Two Years ...Middle East

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New Indian Refinery to Be Delayed by Two Years
source : OILPRICE ( Middle East ) () 37
As India is set to become the world’s largest oil demand growth driver in the coming years, Indian state-owned refiner Chennai Petroleum Corporation Limited (CPCL) plans to commission a new refinery two years later than initially planned by 2025.    CPCL, a unit of Indian Oil Corporation (IOC), now aims to complete the construction of a 180,000-barrels-per-day refinery by the end of 2027, Reuters quoted CPCL’s head of finance Rohit Kumar Agrawala as saying on Monday. Chennai Petroleum plans to build the refinery in the…

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