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India to stare at oil deficit in 15 years

Oil & Gas
August 1, 2016August 1, 2016
India to stare at oil deficit in 15 years
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India, a net exporter of oil products, may not have any surplus capacity in 15 years going by the current rate of consumption and planned expansion, said the chief of refineries at Indian Oil Corporation, the country´s largest refiner. India has a capacity to refine 230 million tonne (MT) a year.

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