Rising refinery capacity under construction in India has raised doubts about the feasibility of Mangalore Refinery and Petrochemicals Ltd.'s (MRPL) 15 mln tpa refinery in Mangalore. MRPL, which is 71.62% owned by Oil and Natural Gas Corporation, already operates a 9.69 mtpa refinery at Mangalore, capacity of which is being expanded to 15 mln tpa. The expansion work is likely to be completed by Q1-2011.
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Sunday, November 04, 2007
MRPL to focus on developing petrochemicals hub in vicinity of existing refi...
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