State-run refineries in India operate at full capacity in March

The country’s biggest state-run refiner in terms of capacity, IOC, and fellow refiner MRPL’s 300,000 b/d Mangalore refinery were operating at 100% or higher than their nameplate capacities. The two refiners have deferred some upcoming maintenance shutdowns because of current strong refining margins. BPCL’s 310,000 b/d Kochi, 240,000 b/d Mumbai and 156,000 b/d Bina refineries