Indian Oil ees low run rates in 2020-2021
03.08.2020
MOSCOW (MRC) -- Indian Oil Corp, the country's top refiner, will continue to operate its refineries below capacity in 2020/21 as it sees local and overseas fuel demand remaining subdued, reported Reuters with reference to IOC Chairman S. M. Vaidya's statement.IOC, along with its unit Chennai Petroleum, controls about a third of India's five million-barrels-per-day (bpd) refining capacity.