Refining & Petrochemicals World Expo 2021 & conference will be the 11th edition in the series of Refining forums organized concurrently during ChemTECH World Expo in Mumbai. Refining has always been a core area for focus for Chemtech & integral part of tradeshows organized over the last 45 years.
USER INDUSTRY CONNECT
Heads of Refineries from NOCs & private refining sector, Manufcaturers & Suppliers of Petrochemicals, Functional Heads of Operations, HSE, Automation, Digitalization, R&D , Supply Chain Management, Project , Prourement & Purchase
Key decision makers from allied sectors of EPC & Project Management, Technology & Process Licensors , Digitalization , Industrial Automation Technology, Environment Management
Mr B AshokChief Executive OfficerRatnagiri Refinery & Petrochemicals Ltd (RRPCL)
The refining capacity of India has grown quite significantly from 0.5 MMTPA at times of independence to the current capacity of 247 MMPTA or nearly 5 million barrels per day with the number of refineries growing from 1 to 23. At the turn of the millennium, India had the capacity of 113 MMPTA which has more than been doubled over the last 18 years with capacity additions by Public Sector Oil Companies, as well as by the Private Sector and the Joint Ventures
Mr. B. K. NamdeoFormer Director- RefineriesHPCL
By 2040, India’s energy consumption for oil and gas will not be less than 450 MMT per annum. At present, our total refining capacity is approximately 240 MMT. In the next 5-6 years, there isn’t much addition in the refineries in India except the west coast refineries that is about 60 MMT, which is still on the drawing board. Even if we take today’s intake capacity of the refining and the proposed capacity of the west coast, then maybe by 2025 we will become a net importer. Today we are called as net exporter but within a very short period we are going to become a net importer and this is the cause of concern.
Mr. P. PadmanabhanManaging DirectorNumaligarh Refineries Ltd.
Right now I think it is the tipping point. The situations are good, the environment is good, economics are good, challenges are there. I am sure we become I mean in India we become the real pioneer of the innovation in the refining industry. We are the third largest growing economy in the world.