IOC eyes full refinery run as fuel demand rebounds
The Hindu
‘Petrol, LPG back to pre-COVID levels’
Indian Oil Corp. (IOC), the nation’s largest oil firm, expects refinery run to reach 100% within a quarter as fuel demand returns, its chairman S.M. Vaidya said.
Speaking at India Energy Forum by CERAWeek, he said petrol and cooking-gas LPG demand was already above pe-COVID levels and diesel — the most consumed fuel in the country — was inching back to normalcy.
“Energy demand is rebounding in India with the revival of economic activity” after a devastating pandemic, he said.
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