BPCL is operating refineries at an average of 80 per cent capacity, Singh told a press conference after a shareholders meeting. By design BPCL refineries make 2.5 tonnes of diesel for every 1 tonne of gasoline produced, he said. "If diesel demand picks up we will not be required to import gasoline as then we will be processing more crude ... diesel is restraining crude throughput ... MS (motor spirit) is almost at pre-pandemic level. Diesel demand this month is 8-9 per cent lower than year-ago levels, he said. He hoped BPCL will go back to its pre-COVID product slate in next two-three months, notwithstanding lower demand of jet fuel which is just 4-5 per cent of its overall output, he said.

Source: dna September 28, 2020 14:04 UTC