{"id":381173,"date":"2020-10-29T10:51:26","date_gmt":"2020-10-29T05:21:26","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=381173"},"modified":"2020-10-29T10:51:26","modified_gmt":"2020-10-29T05:21:26","slug":"nayara-energy-to-expand-petrol-pump-network-by-25-pc-in-1-2-years","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/nayara-energy-to-expand-petrol-pump-network-by-25-pc-in-1-2-years\/","title":{"rendered":"Nayara Energy to expand petrol pump network by 25 pc in 1-2 years"},"content":{"rendered":"<p>Nayara Energy, India&#8217;s biggest private fuel retailer, plans to expand its network of petrol pumps by one-fourth to 7,300 in the next 1-2 years before hitting a pause button to assess demand, its Chief Executive Officer B Anand said on Wednesday. Speaking at the India Energy Forum of CERAWeek, he said the company, which owns and operates an oil refinery with a capacity of 20 million tonnes a year at Vadinar in Gujarat, is looking at venturing into petrochemicals to buffer margins.<\/p>\n<p>Russian oil giant Rosneft-backed firm has about 5,800 petrol pumps across the country now, which it plans to expand to 7,300 in a year or two before &#8220;taking a pause and look at how the Indian consumer story grows&#8221;, he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nayara Energy, India&#8217;s biggest private fuel retailer, plans to expand its network of petrol pumps by one-fourth to 7,300 in the next 1-2 years before hitting a pause button to assess demand, its Chief Executive Officer B Anand said on Wednesday. Speaking at the India Energy Forum of CERAWeek, he said the company, which owns and operates an oil refinery with a capacity of 20 million tonnes a year at Vadinar in Gujarat, is looking at venturing into petrochemicals to buffer margins. Russian oil giant Rosneft-backed firm has about 5,800 petrol pumps across the country now, which it plans to [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-381173","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/381173","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=381173"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/381173\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=381173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=381173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=381173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}