Aerial view of gas and oil refinery, Oil Industry.
Scheduled from 23-24 October, 2024 at Eros Hotel in New Delhi, the 7th edition of India Refining Summit 2024, organized by Messe Frankfurt Trade Fairs India, will explore the discussions surrounding green energy and capacity building across a larger theme of ‘Navigating green and sustainable technologies.’ The summit will present an agenda for refineries’ holistic approach to becoming Next-Gen Refineries, which meet demand growth, pursue advanced and sustainable technologies and prioritize strategic measures and investments to improve the nation’s energy resilience, petroleum storage capacity and achievement of net zero targets.
With the domestic consumption of oil and petroleum products in India being on its record rise and Indian refineries already operating on their full capacities, the refineries have ambitiously planned to add about 35-40 million tonne (MT) of crude oil refining capacity by the year 2030. After the said capacity addition, India’s total refining capacity will increase to 295 MT, according to CRISIL Ratings. The planned capacity-addition is aimed at meeting the rising domestic demand. Meanwhile, over the last decade, India’s refining capacity expanded by 42 MT, reaching 257 MT in fiscal 2024. This growth was mainly driven by rising domestic demand, while exports remained stable at 60-65 MT as per the recent CRISIL Ratings. Besides this, as per recent news surrounding India’s expansion of procuring oil from 27 suppliers to 39, presents the proactive approach to diversify its sources placing the country in a secure position, ensuring energy security for the growing economy.
In this backdrop, the India Refining Summit is set to bring key influential people from the concerned Ministry, Government bodies, experts from the think tanks and leaders from India’s refining companies. The discussions will allow the attendees to garner further insights, developments and market scenario from the dual lens of the oil refining companies and the government bringing together speakers including:
- RC Agarwal, Executive Director, Centre for High Technology, Ministry of Petroleum and Natural Gas
- A Triputi Naidu, Executive Director, Refineries-Co-ordination, Hindustan Petroleum Corporation Ltd
- Subhajit Sarkar, Executive Director-Operations, Refineries HQ, Indian Oil Corporation Ltd
- Chacko M Jose, Executive Director, Bina Refinery, Bharat Petroleum Corporation Ltd
- Sathiyanarayanan Arunachalam, Vice President – Central Technical Services, Reliance Industries
- Vinayak Kharche, Head of Information Systems and Automation, Adani Petrochemicals (AEL)
- Sushant Gupta, Director – Asia Pacific, Oils and Chemicals Research, Wood Mackenzie and more
Apart from these expected are distinguished speakers from companies like: ACME Group, Engineers India Ltd, Larsen & Toubro, Reliance Industries Limited, Wood Mackenzie and more.
The two-day summit will offer an opportunity to learn and interact with speakers in meticulously-planned sessions which will explore the following areas:
- Increasing the Refining Capacity from 254 MPTA to 450 MPTA by 2030
- Imports, Energy Supply and Demand Disruptions with Advent of Clean Energy and Impact on E&P
- Prospects for Growth in Petroleum Products; Petrochemicals
- Prospects for Green Hydrogen in Refinery Decarbonized Operations
- Low Sulphur Fuel Production with 2G Feedstock
- Advent of Green Technologies, CCUS, Green Hydrogen Initiatives, Challenges and Opportunities in Refineries
- Investments in Renewable Energy Projects and Energy Efficiency Methods
- Potential of Green Hydrogen – The First Mover Advantage for Refineries
- Integrating Refinery with Bio-route – 2G, 3G Biofuel and Bioethanol Blending Program
- Role of Digitalization in Providing Real Time Solutions in VUCA World of Net Zero Transition
- Positioning India as Petrochemical Hub by 2035
- Carbon Capture, Storage and Utilization Technologies
- Certification Workshop on Navigating Carbon Markets and Achieving Net Zero: Strategies for the Industry
The panel discussions will feature dignitaries from the Government, leadership from major refining government PSUs, government bodies, oil marketing companies, refining technology companies and equipment manufacturers companies, among others.
Expressing his thoughts on the upcoming India Refining Summit 2024, Mr Raj Manek, Executive Director and Board Member, Messe Frankfurt Asia Holdings Ltd, said: “The refining industry in India has seen a huge progress in the recent years by increasing oil exports to the west. India is a vast country with a rapidly growing economy, and so its domestic consumption is also on rise. I feel proud that our 7th edition of the summit will once again open up a platform for the industry to collectively devise a strategy for the industry’s bright future and rise up to the challenges. The industry has displayed its mettle by answering the call for localization and sourcing their needs domestically. I appreciate the distinguished speakers, delegates and dignitaries for their participation and making this summit more valuable and worthier.”
The theme – ‘Navigating green and sustainable technologies’ is set to shape strategies in the refining industry that will serve as a direction for the industry in the future. It will also help create a promising roadmap for India to become a global hub for refining.
The two-day Summit will be attended by CXO’s of oil and petrochemicals companies, refining heads, R&D personnel, EPCs, PMOs and O&Ms, refining & petrochemical engineers, corrosion control engineers, downstream advisors & consultants, operations managers, technical managers, refining specialists, HSE heads and managers, machine and equipment manufacturers, digital technologists, country heads – oil and gas business, business development and sales managers, research consultants, new ventures, personnel from government bodies and policy makers.
