India’s Oil and Natural Gas Corporation Ltd (ONGC) is actively exploring the establishment of a 10–12 million tonnes per annum (MTPA) greenfield refinery in Jamnagar, Gujarat, marking a strategic push to expand domestic refining capacity.
Key Highlights:
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- The proposed refinery will be located along the coast, leveraging proximity to crude import routes.
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- ONGC is preparing a detailed feasibility report (DFR) to finalize capacity, investment, and location specifics.
Strategic Collaboration:
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- Talks are underway with Saudi Aramco for a joint venture, with the Gulf nation likely to supply crude oil.
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- The initiative follows Prime Minister Narendra Modi’s April 2025 visit to Saudi Arabia, where both nations agreed to collaborate on refining and petrochemical projects.
National Energy Goals:
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- India aims to raise its refining capacity from 250 MTPA to 450 MTPA by 2030.
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- The Jamnagar project aligns with this target and complements BPCL’s upcoming refinery in Andhra Pradesh.
Sources: Moneycontrol, Zee News Gujarati, Abtak Media, Chitralekha.