{"id":356691,"date":"2020-06-11T10:22:02","date_gmt":"2020-06-11T04:52:02","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=356691"},"modified":"2020-06-11T10:33:17","modified_gmt":"2020-06-11T05:03:17","slug":"ioc-aims-to-operate-refineries-at-90-capacity-in-june-as-demand-recovers","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ioc-aims-to-operate-refineries-at-90-capacity-in-june-as-demand-recovers\/","title":{"rendered":"IOC aims to operate refineries at 90% capacity in June as demand recovers"},"content":{"rendered":"<p>Indian Oil Corp, the country&#8217;s top refiner, aims to operate its refineries at an average 90% capacity in June as fuel demand recovers with the easing of a coronavirus lockdown, the company said on Wednesday. <\/p>\n<p>IOC, which along with subsidiary Chennai Petroleum Corp, controls about a third of India&#8217;s 5 million barrels per day (bpd) refining capacity, is operating its plant at about 83% capacity, a sharp increase from 39% at the beginning of April. <\/p>\n<p>Refiners in Asia are cranking up runs as the lifting of lockdown restrictions is pushing up fuel demand. India&#8217;s fuel consumption in May increased significantly from April.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian Oil Corp, the country&#8217;s top refiner, aims to operate its refineries at an average 90% capacity in June as fuel demand recovers with the easing of a coronavirus lockdown, the company said on Wednesday. IOC, which along with subsidiary Chennai Petroleum Corp, controls about a third of India&#8217;s 5 million barrels per day (bpd) refining capacity, is operating its plant at about 83% capacity, a sharp increase from 39% at the beginning of April. Refiners in Asia are cranking up runs as the lifting of lockdown restrictions is pushing up fuel demand. India&#8217;s fuel consumption in May increased significantly [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-356691","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/356691","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=356691"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/356691\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=356691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=356691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=356691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}