By Nidhi Verma
NEW DELHI (Reuters) -India’s state-run Oil and Natural Gas Corporation is exploring building a 200,000-240,000 barrels per day refinery at Jamnagar in the western Indian state of Gujarat, a company source said on Thursday.
The company is doing a pre-feasibility study for the project, the source told reporters.
The source declined to be identified as the matter is not yet public.
India, the world’s third-biggest oil importer and consumer, wants to position itself as a global refining hub and is expanding capacity.
(Reporting by Nidhi Verma in New Delhi, Anuran Sadhu in Bengaluru; Editing by Mrigank Dhaniwala)
