{"id":580806,"date":"2023-05-31T10:24:16","date_gmt":"2023-05-31T04:54:16","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=580806"},"modified":"2023-05-31T12:10:03","modified_gmt":"2023-05-31T06:40:03","slug":"future-refineries-in-india-may-be-smaller-capacity-hardeep-singh-puri","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/future-refineries-in-india-may-be-smaller-capacity-hardeep-singh-puri\/","title":{"rendered":"Future refineries in India may be smaller capacity: Hardeep Singh Puri"},"content":{"rendered":"<p>India will look at building smaller oil refineries because of problems in acquiring land as it aims to raise its annual refining capacity to 9 million barrels per day (bpd), oil minister Hardeep Singh Puri said on Tuesday.<\/p>\n<p>Oil refining capacity in India, the world&#8217;s third biggest oil importer and consumer, is at about 5.2 million bpd.<\/p>\n<p>Global oil producers see India as a stable outlet for their oil as it is expected to account for a quarter of global oil demand growth by 2040. <\/p>\n<p> &#8220;Refineries are high cost. We are looking at a large number of 20 million tonnes per annum, smaller ones,<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India will look at building smaller oil refineries because of problems in acquiring land as it aims to raise its annual refining capacity to 9 million barrels per day (bpd), oil minister Hardeep Singh Puri said on Tuesday. Oil refining capacity in India, the world&#8217;s third biggest oil importer and consumer, is at about 5.2 million bpd. Global oil producers see India as a stable outlet for their oil as it is expected to account for a quarter of global oil demand growth by 2040. &#8220;Refineries are high cost. We are looking at a large number of 20 million tonnes [&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":[130,191,136],"tags":[],"class_list":["post-580806","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\/580806","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=580806"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/580806\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=580806"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=580806"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=580806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}