India beckons participants in burgeoning refining sector

Journal Article · Mon Sep 21 00:00:00 EDT 1992 · Oil and Gas Journal; (United States)

OSTI ID:7249436

This paper reports that India has opened its refining sector to full private investment for the first time in more than 2 decades. The government again gave a green light to construction of three 120,000 b/d grassroots refineries in East, West, and Central India. The projects had won various governmental approvals in the past few years, but never moved off high center for a variety of economic and regulatory reasons. The difference this time is that the government is offering interests in the projects to private foreign and domestic investors. It's part of India's push to boost overall refining capacity by more than 80% this century.

• OSTI ID: 7249436
• Journal Information: Oil and Gas Journal; (United States), Vol. 90:38; ISSN 0030-1388
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
29 ENERGY PLANNING
POLICY AND ECONOMY
INDIA
PETROLEUM REFINERIES
PETROLEUM INDUSTRY
INVESTMENT
CONSTRUCTION
ECONOMIC ANALYSIS
GOVERNMENT POLICIES
PLANNING
REGULATIONS
ASIA
DEVELOPING COUNTRIES
ECONOMICS
INDUSTRIAL PLANTS
INDUSTRY
020400* - Petroleum- Processing
020700 - Petroleum- Economics
Industrial
& Business Aspects
021000 - Petroleum- Legislation & Regulations
294002 - Energy Planning & Policy- Petroleum