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India's HCPL Highlights Refining and LNG Plans for 2024

REFINING

India’s HCPL aims to start crude processing at its 9mn ton/year Rajasthan refinery by the end of 2024 and the bottom upgradation units at its Vizag refinery to stabilize in Q3 and run the refinery at 15mn ton/year by Oct-Dec.

  • It expects to commission its Chhara LNG terminal which has been delayed this year due to rough weather.
  • The Chhara LNG terminal is expected to begin its commission in October onwards when the weather conditions are better.
  • On Chhara LNG throughput, an official said “We expect around 2 to 2.5.”
  • The terminal is the country's eighth LNG import facility, which would lift total regasification capacity to 52.7mn t/yr from 47.7mn t/yr currently.
  • The facility was completed in February, but is set to be closed from 15 May-15 September ahead of the completion of a breakwater facility, which is required to ensure safe LNG tanker berthing during India's monsoon season. The terminal will be able to operate year-round once it is completed.
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