)
The company is poised to start operating its Vizag refinery at the expanded capcity of 15 million tonnes per annum from June to improve product availability.
“We market double the quantity of products we produce,” Joshi said explaining that the expanded Vizag capacity together with the upcoming Barmer refinery in Rajasthan will make the company self-sufficient in products.
Joshi said the company has recently forayed into petrochemical marketing and plans to start in-house production once the Rajasthan refinery begins operation. It is also setting up an oil-to-chemical plant linked to its Vizag refinery.
For gas business, the company is building an LNG (liquefied natural gas) import terminal at Chhara in Gujarat. The LNG terminal will be mechanically ready by March but breakwater for docking ships carrying gas and pipeline to evacuate the gas will take some time.
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