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Market Chatter: India's BPCL Targets November for Shutdown of Key Mumbai Refinery Units

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Bharat Petroleum Corporation has scheduled maintenance work in November that will temporarily idle a 120,000-barrel-per-day crude unit and some secondary units at its Mumbai refinery, Reuters reported Monday, citing an industry source.

A maintenance shutdown was originally planned for April at BPCL's 200,000-b/d Mumbai refinery.

An industry source had earlier said the maintenance shutdown would last three to four weeks and take place during September-October.

To keep pace with domestic fuel consumption, Indian refiners have delayed planned refinery maintenance in recent months, a government official said previously, according to the report.

Bharat Petroleum didn't immediately respond to' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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