Emerging from India's 'hydrocarbon vision' are opportunities for refinery projects, as well as options to augment the domestic crude oil supply
India has traveled nearly 50 years toward modern industrialization. India has built a strong knowledge base and holds a versatile, skilled employee base. This nation has struggled, but achieved growth in the refining sector. What about its future? India has developed a hydrocarbon vision to propel its energy resources to the next level of prosperity.
The origin. The history of petroleum crude oil refining in India dates back to 1883 with a 0.25 million-tpy (MMtpy) refinery at Margherita. This refinery was shifted in 1901 to its present site at Digboi in Assam to process local crude. By 1947, the year of India's independence, demand for petroleum products reached 2.7 MMtpy. However, there w
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