Indian Refining Scenario and Global Perspective - petrofed ...
Indian Refining Scenario and Global Perspective - petrofed ...
Indian Refining Scenario and Global Perspective - petrofed ...
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Funding New Projects• Investment plans for India’s downstream petroleumindustry for the period 2007-2012; ~ US $55 bn• Investment planned by IOCL in the similar period is ~US $11 bn– <strong>Refining</strong> Sector: 59%– Petrochemicals: 27%– Pipelines, Marketing <strong>and</strong> others: 14%• Majority of available fund is getting diverted in development ofnational infrastructure like power generation, roads/highways,rail, airports, ports etc. which are essential for developingcountry like India