LNG terminal owner Indian Oil reports rise in profits and refining

Tuesday, 24 May 2022

LNG News Editor: 

Indian Oil Corp. (IOC), the country’s main oil refiner and importer and the owner of the nation's only East Coast LNG import terminal at Ennore, posted a 16 percent increase in net profits even as margins were tight in the petrochemicals industry and losses were made on partly subsidized fuels.


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