India's crude oil refinery output rises 2.0% in January 2020

Crude oil refinery output declines 0.3% in April-January 2019-20

India's crude oil refinery output rose 2.0% to 22.36 million tonnes (mt) in January 2020 over January 2019. The output of public sector refineries fell 5.8% to 11.78 mt, while the output of private refineries jumped 13.5% to 8.90 mt. The refinery output of public-private JV refiners moved up 6.8% to 1.68 mt in January 2020.

Among public refineries, the output of Numaligarh Refineries dipped 44.9% to 0.13 mt, Mangalore Refineries 19.1% to 1.15 mt and Indian Oil Corporation 7.8% to 5.49 mt in January 2020 over January 2019. Further, the output of Chennai Petroleum Corporation also declined 6.9% to 0.86 mt and Hindustan Petroleum Corporation 0.6% to 1.37 mt, while that of Bharat Petroleum Corporation moved up 7.7% to 2.76 mt in January 2020.

Among private refiners, the output of Reliance Petroleum increased 17.7% to 7.16 mt, while that of Essar Oil declined 1.2% to 1.74 mt in January 2020 over January 2019. Among JV refineries, the output of Bharat Oman increased 4.8% to 0.65 mt, while the output of HPCL Mittal moved up 8.1% to 1.04 mt in January 2020.

The cumulative refinery output declined 0.3% to 214.23 mt in April-January 2020. The output of public refineries fell 5.1% to 113.56 mt, while that of private refineries rose 4.4% to 84.99 mt. The refinery output of JV refineries moved up 13.5% to 15.67 mt in April-January 2020.

Among public refineries, the output of Numaligarh Refineries declined 24.2%, Mangalore Refineries 15.6%, Hindustan Petroleum Corporation 8.6%, Indian Oil Corporation 5.4% and Chennai Petroleum Corporation 1.7%, while that of Bharat Petroleum Corporation rose 3.5% in April-January 2019-20.

The overall capacity utilization was lower at 102.4% in January 2020 compared with 104.4% in January 2019, while it was down at 101.7% in April-January 2020 compared with 103.4% in April-January 2019.

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