Signal Desk · Economy

Indian Oil Gujarat refinery to hit 18 mt capacity by FY27

2026-09-30 · 1 source · Economic Times Foreign Trade

In short

Indian Oil’s Gujarat refinery is expected to reach 18 million metric tons of capacity by the end of FY27. The project is tied to the Petrochemicals and Lube Integration Project, and the refinery now gets 30% of its crude from India and 70% from imports.

This matters for Indian Oil because a bigger refinery can boost output and tie refining more closely to petrochemicals. The reporting does not say when the expansion will begin or how much it will cost.

What the reporting says

Indian Oil’s flagship Gujarat refinery is expected to expand to 18 million metric tons by the end of FY27, according to the available reporting. The expansion is part of the Petrochemicals and Lube Integration Project, and the refinery currently sources 30% of crude domestically and 70% from imports. What is unknown is the exact start date for the expanded operations and the project’s cost.

Why it matters

Indian Oil’s flagship Gujarat refinery is expected to expand to 18 million metric tons by the end of FY27 as part of the Petrochemicals and Lube Integration Project. The reported crude mix of 30% domestic and 70% imported highlights the refinery’s exposure to global supply sources, including the Middle East, the US and Venezuela. The source does not give the capex, commissioning timeline or output split.

Touches: Indian Oil, Energy, Oil, Companies

Sources