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Home > All news > Export Import, Trade > Rising exports and expanding refining capacity boost India’s petroleum industry

Rising exports and expanding refining capacity boost India’s petroleum industry

January 29, 2025
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Rising exports and expanding refining capacity boost India’s petroleum industry

New Delhi - India has experienced a surge in petroleum product exports over the past decade, with its refining capacity now exceeding 250 million metric tonnes per annum (MMTPA), enabling the country to meet global demand, according to a press release from the Ministry of Petroleum & Natural Gas.

India ranks among the top five refining nations globally and is the seventh-largest exporter of refined petroleum products, the statement added.

Historical Growth and Industry Expansion

India’s petroleum industry traces its roots back to 1867, with the first oil . . .

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Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.

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