India's crude oil refinery output rises 4.3% in April 2019

Overall capacity utilization was higher at 101.3% in April 2019
India's crude oil refinery output increased 4.3% to 20.63 mt in April 2019 over April 2018. The output of public sector refineries declined 2.3% to 10.57 mt, while the output of public-private JV refiners jumped 17.2% to 1.61 mt. The refinery output of private refineries also improved 11.3% to 8.44 mt in April 2019.Among public refineries, the output of Indian Oil Corporation increased 2.8% to 5.18 mt, Bharat Petroleum Corporation 2.2% to 2.42 mt and Chennai Petroleum Corporation 5.5% to 0.79 mt in April 2019 over April 2018. However, the output of Hindustan Petroleum Corporation declined 28.4% to 1.00 mt, Numaligarh Refineries 0.6% to 0.22 mt and Mangalore Refineries 8.2% to 0.96 mt in April 2019.
Among private refiners, the output of Reliance Petroleum moved up 15.4% to 6.79 mt, while that of Essar Oil declined 3.2% to 1.65 mt in April 2019 over April 2018. Among JV refineries, the output of Bharat Oman improved 48.4% to 0.61 mt, while the output of HPCL Mittal also increased 4.0% to 1.01 mt in April 2019.
The overall capacity utilization was higher at 101.3% in April 2019 compared with 97.6% in April 2018.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: May 27 2019 | 7:25 PM IST
