Dec 04: With a growth of 6 percent, India is projected to surpass China as fastest growing oil market in 2018
8The Government is formulating a national policy for petrochemicals after a white paper that proposed a fund to boost investment
8India is projected to witness a expansion in the petrochemical market size to the tune of USD 65-70 Billion by 2020
8BPCL, HPCL & IOCL all together plans to invest Rs 2,70,000 crore to build world’s biggest crude refinery with a capacity of 1.2 million barrels per day
8Government of India trying to use India’s market size as the world’s third largest oil consumer to strike better deals with oil exporters and attract investments into India’s exploration and refining industry.
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