The Hindu Business Line : Govt to consider refinery project at Allahabad: Deora

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RAE BARELI (UP): With the general elections approaching, the government will consider reviving the long pending project to set up a refinery at Allahabad in Uttar Pradesh.

"We will discuss the possibility of setting up of the refinery in the next one week and a decision will be taken,'' the Petroleum Minister, Mr Murli Deora said at the foundation stone laying ceremony of Rajiv Gandhi Institute of Petroleum Technology here .

Bharat Petroleum Corporation Ltd had in early 1990s proposed to set up a six million tonne refinery at Allahabad to feed the northern market. However, the project was put on cold storage with domestic refining capacity far exceeding the full demand in t he country.

Against a demand of 119 million tons of fuel in 2006-07, the refining capacity in the country was 147 million tons. BPCL is also setting up a six million tonne refinery at Bina in Madhya Pradesh to feed the central and northern markets. The project is t o be completed by 2011. HPCL is also setting up a 9 million tonne refinery at Bhatinda in Punjab, to complete by 2011-12, that will make the northern region surplus in capacity. Mr Deora said the prospect of the refinery in Allahabad will be studied in the next one week and a decision will be taken based on the study. - PTI

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