Indian refiners' August crude processing drops 4.4% from a month earlier (updated)

Oil India

25/09/2025 14:25

Adds comment

Sept 25 (Reuters) - Indian refiners' crude throughput declined 4.4% month-on-month in August to 5.27 million barrels per day (22.29 million metric tons), according to provisional government data released on Thursday.

Refinery throughput in July was at 5.51 million barrels per day (23.31 million metric tons).

On a year-on-year basis, refinery throughput rose 3% in August.

India's fuel consumption in August hit an 11-month low, slipping 3.8% month-on-month to 18.73 million metric tons, oil ministry data showed.

India is the world's third-biggest oil importer and consumer.

"Refinery throughput declined in August compared to July, primarily due to seasonal monsoon-related disruptions, scheduled maintenance shutdowns, and one of the refineries operating at reduced capacity," Prashant Vasisht, vice president and co-head of corporate ratings at ICRA, said.

        Meanwhile, Indian oil refiners are increasing gasoline and diesel exports to their highest levels in several years, driven by expanded crude processing capacity and increased domestic ethanol blending that has freed up fuel supplies for overseas markets, traders and analysts said.

This year, India's crude processing is expected to increase by 130,000 to 160,000 barrels per day to about 5.51 million bpd, with gasoline exports hitting a record high of around 400,000 bpd, according to consultancy Wood Mackenzie.

In July, European Union countries approved an 18th sanctions package against Russia over its war in Ukraine, with a lower price cap on Russian oil.

The rise in Indian exports is expected to help meet Europe's winter heating oil demand and support Indian refining margins, after refiners turned to discounted Russian crude.

REFINERY PRODUCTION IN TERMS OF CRUDE THROUGHPUT (in 1,000 tons):

August-25
July-25
August-24
April-August 2025
Actual
Actual
Actual
Actual
IOCL, Barauni
484
566
587
2,653
IOCL, Koyali
692
793
1,343
4,492
IOCL, Haldia
735
750
284
3,676
IOCL, Mathura
724
837
589
4,114
IOCL, Panipat
1,292
1,375
1,151
6,617
IOCL, Guwahati
112
112
101
542
IOCL, Digboi
64
67
68
279
IOCL, Bongaigaon
262
266
237
1,271
IOCL, Paradip
1,417
1,418
1,230
7,003
CPCL, Manali
1,060
1,049
681
5,090
BPCL, Mumbai
1,391
1,386
1,360
6,718
BPCL, Kochi
1,553
1,575
1,507
7,627
BPCL, Bina
245
681
532
2,904
NRL, Numaligarh
248
259
216
1,306
ONGC, Tatipaka
7
7
6
31
MRPL, Mangalore
1,484
1,521
1,497
6,422
HPCL, Mumbai
851
855
742
4,214
HPCL, Visakh
1,339
1,381
1,252
6,876
HMEL, Bathinda
1,057
894
1,099
5,206
RIL, Jamnagar
3,000
2,996
2,921
13,317
RIL, SEZ
2,868
2,830
2,479
14,425
Nayara, Vadinar
1,406
1,691
1,753
8,233
TOTAL
22,293
23,310
21,635
113,018

Source: Ministry of Petroleum and Natural Gas

IOC: Indian Oil Corp IOC.NS

BPCL: Bharat Petroleum Corp Ltd BPCL.NS

HPCL: Hindustan Petroleum Corp Ltd HPCL.NS

CPCL: Chennai Petroleum Corp Ltd CHPC.NS

MRPL: Mangalore Refinery and Petrochemicals Ltd MRPL.NS

Reliance Industries Ltd RELI.NS

Please note that CPCL's CBR refinery is decommissioned under shutdown due to limitations in meeting required product specifications with the existing configuration.

 (Reporting by Noel John and John Biju in Bengaluru; Editing by Sonia Cheema and Shreya Biswas)

 ((Noel.John@thomsonreuters.com;))