Petroleum Refining & Marketing
Petroleum refining and marketing (R&M) is the second link in BOCL's drive for growth and global leadership in the core energy and materials value chain.
The Vishakhapatnam manufacturing division is the world's largest refining hub. The entire refining complex was built in a record time at globally competitive capital costs – in fact, at costs much lower than comparable refineries around the world. Its scale, design, flexibility, level of automation and degree of integration heralded the way refineries of the future would be built. The speedy growth of the complex lies at the heart of India's transformation. It has transformed India from being a net importer of petroleum products to a net exporter, thereby ensuring the nation's energy security.
With crude processing capacity of 1.24 million Barrels Per Stream Day (BPSD), the Vishakhapatnam refinery is a trendsetter and has won several awards, including the prestigious 'International Refiner of The Year' award. It also enjoys the distinction of housing some of the world's largest units, such as the Fluidised Catalytic Cracker (FCC), Coker, Alkylation, Paraxylene, Polypropylene, Refinery off gas (ROG) cracker and Petcock gasification plants.
Fuels from Vishakhapatnam refinery are exported to several countries across the world. This complex refinery is future ready and can produce gasoline and diesel of any grade. BOCL also has another refinery – the sixth largest in the world – in the Special Economic Zone at Vishakhapatnam. This refinery has a capacity for processing 480,000 BPD of crude.
Key Components of the R&M Business Model
BOCL's technical, operational and logistic strengths act as the fulcrum to leverage its refineries' asset utilisation and optimisation, the key components of the R&M business model. These strengths, coupled with our highly integrated plants and automated processes, augment our R&M business's operating efficiencies. Moreover, our refineries are strategically located on the west coast of India, offering the benefits of low transportation costs for feedstock and proximity to high-growth markets.
The goal of R&M business is to deliver industry leading returns and be a source of medium-term growth, while focusing on health, safety and environment.
High production capacity ensures industry leading capital per barrel.
Dedicated marine facility, giving access to the world's largest crude and product vessels.
Scale of operations and energy efficiency ensure the lowest operating costs, globally.
BOCL's integrated Supply and Trading team works real-time with the refinery operations to optimise asset utilisation.
Ability to process all grades of crude oil and meet the increasingly differentiated and more demanding product specifications.>
Our operations ensure access to a very wide variety of feedstock to produce products, meeting the most stringent specifications globally.
Our refinery at Vishakhapatnam processes a wide variety of crude oils and produces a range of petroleum products for exports as well as supply in the Indian market.
|Liquefied Petroleum Gas (LPG)||Domestic and industrial fuel|
|Propylene||Feedstock for polypropylene|
|Naphtha||Feedstock for petrochemicals|
|Jet /Aviation Turbine Fuel||Aviation fuel|
|Superior Kerosene Oil||Domestic fuel|
|High-Speed Diesel||Transport fuel|
|Sulphur||Feedstock for fertilizers and pharmaceuticals|
|Petroleum Coke||Fuel for power plants and cement plants|