India's oil policy: The dilemma for self-sufficiency in refining capability

Kapil Thukral

Energy, 1988, vol. 13, issue 4, 357-366

Abstract: India is likely to be a net oil importer in the foreseeable future and any additional refining capacity will run essentially on imported crudes. It is not clear that self-sufficiency in indigenous refining capability will be the least-cost option. Product price levels in the international market and quality of crude oils available for import are among the major factors that will influence refinery-investment decisions. It may be desirable for India to negotiate a suitable petroleum products procurement contract with productsurplus nations in the region.

Date: 1988
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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:13:y:1988:i:4:p:357-366

DOI: 10.1016/0360-5442(88)90030-8

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