Insight
India’s rising oil demand: a wake-up call for domestic refiners
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
We forecast India to be the largest oil demand growth centre by 2035, surpassing China’s demand growth by 2024. A number of refining projects – about 4.6 million b/d capacity – are planned by Indian refiners. Will this be enough or will it lead to overcapacity? Technological, economic and regulatory factors are evolving, and can have implications for oil demand. We present demand and supply scenarios – what can lead to over- or undercapacity? This analysis will enable more informed decision-making and planning for new refining capacity additions by domestic private and public sector refiners.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
Other reports you may be interested in
Insight
Global auto supply chains polarised by rare earth restrictions
The automotive industry faces a shortage of rare earth magnets due to China's export restrictions, which particularly affects EVs.
$1,050
Asset Report
Thailand/Cambodia Overlapping Claims Area
The Thai/Cambodia Overlapping Claims Area (OCA) is a 27,000 square kilometre section of the Gulf of Thailand, disputed by both Thailand ...
$3,720
Insight
India’s potential as a refining and petrochemicals hub
Key themes: India's demand potential, investment challenges, competitiveness gaps, refining-chemicals integration and slow decarbonisation.
$900
