2. Introduction of Petroleum in India:-
•The petroleum industry plays an important role in the economic
development of the country.
•Performance of its supply chain has become very important.
•The petroleum industry traditionally had prices decided by the
Government of India.
•Effective from August 1, 2004, the Government put in a revised
methodology allowing oil companies to revise the prices of motor spirit
and High Speed Diesel (HSD).
3. Product category:
Base Oils
Bitumen
Crude Oil
Fuel Oil
Graphite
Kerosene Oil
Lubricating Equipment & Devices
Oil & Gas Field Equipment
Oil & Lubricants
Paraffin
Petrochemical Products
Vaseline
Others
4. Petroleum Product Imports:-
HPCL imports products for meeting domestic market requirement.
The products being imported by HPCL are:
LPG
Kerosene
Gas Oil
Gasoline
Low Sulphur Fuel oil
Petroleum Product Exports:-
HPCL exports products and intermediate streams from its refineries.
The products being exported by HPCL are:
Fuel Oil
High Sulphur Gas oil
Naphtha
Packed Bitumen
Food grade Hexane
Lube oil base stock