ReferIndia News India poised to become second-largest oil refiner by 2035: Hardeep Singh Puri

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India poised to become second-largest oil refiner by 2035: Hardeep Singh Puri

Published on: Oct. 28, 2025, 7:10 p.m. | Source: The Hindu Business Line

Addressing the Energy Technology Meet here on Tuesday, he said the downturn in global refining capacity had created a significant opportunity. “As per reports, over 100 of the world’s 420 refineries, representing nearly 18.4 million barrels per day, or about 20 per cent of the global capacity, are at risk of closure within the next 7 to 10 years,” he said.

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