NTPC Bihar unit helped northern district avert major oxygen crisis, says official
NTPC Bihar unit helped northern district avert major oxygen crisis, says official
Begusarai (Bihar), May 18: At the peak of the devastating second wave of the COVID-19 pandemic earlier this month, a north Bihar district was left rattled when one of the major oxygen plants there stopped functioning.
Late in the evening of May 4, the Darbhanga-based plant which refills more than 1,500 oxygen cylinders per day, developed a major snag and the jittery administration got in touch with adjoining Begusarai, which has a better industrial base, hoping that those with the required skills and paraphernalia could be found there.
REFINERY NEWS ROUNDUP: Mixed run rates in Asia-Pacific
The BPCL Mumbai refinery on the west coast of India is currently running at full capacity even as partial lockdown has been introduced in many parts of the western region. It recorded a 118% run rate in March compared with 116% a year ago, while the run rate for 2019-20 (April-March) was 95%, compared with 115% in 2019-20, reflecting the impact of lockdown in 2020.
However, India’s Reliance Industries Ltd. in March ran at 84% at its two refineries at the Jamnagar integrated refinery complex, down from 96% a year earlier, with overall runs still to attain pre-pandemic levels. In March, the domestic refinery ran at 101%, compared with 108% a year earlier, while the export-focused refinery ran at 69%, from 84% in the year-ago month.
Oil refiners in virus-battered India may decide to ramp up fuel exports as lockdowns across the country cut into local consumption, while a recovery in global demand lifts profits from potential overseas sales. State-owned Indian Oil Corp. and Bharat Petroleum Corp. are weighing the option of raising oil-product exports against cutting run rates, according to company officials who asked not to be identified. That’s after record infections in India prompted curfews that kept people off the streets and hurt consumption. Outside India, major economies such as the U.S. and China saw a surge in mobility that has lifted the use of gasoline and diesel.
Dhwani Pandya and Debjit Chakraborty, Bloomberg News A fence lies fallen in front of an Indian Oil Corp. refinery in Paradeep, Odisha, India, on Monday, May 6, 2019. Authorities launched a massive restoration-and-relief effort after Cyclone Fani left a trail of damage in eastern India and Bangladesh. Photographer: Dhiraj Singh/Bloomberg , Bloomberg
(Bloomberg) Oil refiners in virus-battered India may decide to ramp up fuel exports as lockdowns across the country cut into local consumption, while a recovery in global demand lifts profits from potential overseas sales.
State-owned Indian Oil Corp. and Bharat Petroleum Corp. are weighing the option of raising oil-product exports against cutting run rates, according to company officials who asked not to be identified. Thatâs after record infections in India prompted curfews that kept people off the streets and hurt consumption. Outside India, major economies such as the U.S.
Asia’s No. 2 fuel guzzler eyes more exports as pandemic hits fuel demand
SECTIONS
Last Updated: Apr 29, 2021, 04:03 PM IST
Share
Synopsis
ETAuto
Related
By Dhwani Pandya and Debjit Chakraborty
Oil refiners in virus-battered India may decide to ramp up fuel exports as lockdowns across the country cut into local consumption, while a recovery in global demand lifts profits from potential overseas sales.
State-owned
Bharat Petroleum Corp. are weighing the option of raising oil-product exports against cutting run rates, according to company officials who asked not to be identified. That’s after record infections in India prompted curfews that kept people off the streets and hurt consumption. Outside India, major economies such as the U.S. and China saw a surge in mobility that has lifted the use of gasoline and diesel.