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ONGC explores setting up 200,000-240,000 bpd refinery in Gujarat, source says

Agencies

Synopsis

State-run Oil and Natural Gas Corporation (ONGC) is conducting a pre-feasibility study for setting up a new refinery in Jamnagar, Gujarat, with a proposed capacity of 200,000–240,000 barrels per day, according to a company source.

India's state-run Oil and Natural Gas Corporation is exploring building a 200,000-240,000 barrels per day refinery at Jamnagar in the western Indian state of Gujarat, a company source said on Thursday.

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The company is doing a pre-feasibility study for the project, the source told reporters.

The source declined to be identified as the matter is not yet public.


India, the world's third-biggest oil importer and consumer, wants to position itself as a global refining hub and is expanding capacity.
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