Indian refiners' March crude processing slips 1.8% from a year earlier
Indian refiners' crude throughput slipped 1.8% year-on-year in March to 5.55 MMbpd (23.48 MM metric tons), provisional government data showed on Tuesday.
India is the world's third-biggest oil importer and consumer.
Here are some more details:
- Refinery throughput in March last year was at 5.65 MMbpd (23.90 MM metric tons).
- Refinery throughput in February stood at 5.73 MMbpd (21.88 MM metric tons).
- Separate data earlier this month showed that India's fuel consumption rose to 21.37 MM metric tons in March from 20.19 MM metric tons the previous month and gained 3.2% compared with the same period last year.
- The U.S.-Israel war with Iran has led to a surge in energy prices as shipping flows through the Strait of Hormuz, a conduit for about 20% of global oil and LNG supplies, remains disrupted.
- Data on Tuesday also showed India's crude oil imports fell 16.7% on a yearly basis, while product exports declined about 27.2%.
- India's Russian oil imports in March surged to a record 2.25 MMbpd, and are set to remain near record highs in April and May following a new U.S. waiver allowing countries to buy sanctioned Russian oil at sea for about a month, traders said last week.
- India's Reliance Industries, operator of the world's biggest refining complex, imported about 350,400 bpd of Russian oil in March, more than double from February, to partly make up for a shortfall caused by the Middle East crisis.
REFINERY PRODUCTION IN TERMS OF CRUDE THROUGHPUT (in 1,000 tons):
|
March 2026 |
February 2026 |
March 2025 |
April 2025-March 2026 |
|
|
Actual |
Actual |
Actual |
Actual |
|
|
IOCL, Barauni |
578 |
487 |
451 |
6,380 |
|
IOCL, Koyali |
1,483 |
1,343 |
1,117 |
13,202 |
|
IOCL, Haldia |
764 |
693 |
727 |
8,507 |
|
IOCL, Mathura |
895 |
762 |
876 |
10,050 |
|
IOCL, Panipat |
1,411 |
1,188 |
1,326 |
15,932 |
|
IOCL, Guwahati |
114 |
101 |
111 |
1,291 |
|
IOCL, Digboi |
66 |
59 |
66 |
713 |
|
IOCL, Bongaigaon |
233 |
240 |
259 |
3,029 |
|
IOCL, Paradip |
1,330 |
1,254 |
1,415 |
16,346 |
|
CPCL, Manali |
989 |
920 |
1,020 |
11,710 |
|
BPCL, Mumbai |
1,264 |
1,275 |
1,400 |
16,042 |
|
BPCL, Kochi |
1,427 |
1,400 |
1,557 |
17,559 |
|
BPCL, Bina |
651 |
648 |
664 |
7,391 |
|
NRL, Numaligarh |
291 |
255 |
273 |
3,113 |
|
ONGC, Tatipaka |
5 |
4 |
5 |
74 |
|
MRPL, Mangalore |
1,475 |
1,397 |
1,646 |
16,774 |
|
HPCL, Mumbai |
896 |
823 |
913 |
10,007 |
|
HPCL, Visakh |
1,368 |
1,226 |
1,398 |
16,036 |
|
HMEL, Bathinda |
1,171 |
989 |
1,106 |
11,654 |
|
RIL, Jamnagar |
2,874 |
2,675 |
2,954 |
33,646 |
|
RIL, SEZ |
2,543 |
2,701 |
2,867 |
33,682 |
|
Nayara, Vadinar |
1,654 |
1,438 |
1,751 |
18,970 |
|
TOTAL |
23,482 |
21,879 |
23,904 |
272,110 |
Source: Ministry of Petroleum and Natural Gas
IOC: Indian Oil Corp <IOC.NS>
BPCL: Bharat Petroleum Corp Ltd <BPCL.NS>
HPCL: Hindustan Petroleum Corp Ltd <HPCL.NS>
CPCL: Chennai Petroleum Corp Ltd <CHPC.NS>
MRPL: Mangalore Refinery and Petrochemicals Ltd <MRPL.NS>
Reliance Industries Ltd <RELI.NS>
Please note that CPCL's CBR refinery is de-commissioned under shutdown due to limitation in meeting required product specifications with the existing configuration.
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