Apr 02:
Indian small sized refineries are being forced to expand. 8These refineries are being threatened by -- spiraling prices of Crude oil (leading to vulnerable refinery margins) -- inefficient infrastructure & poor product quality -- lack of enough volumes of feedstock for petrochemical plants -- increased cost related to regulatory & environmental compliance cost. 8Thus it is inevitable for small refineries to expand. The petroleum ministry too is supportive of these plans. Click on Reports for more