ONGC likely to Set up its Latest Refinery at Jamnagar in Gujarat

The greenfield refinery by state-run Oil and Natural Gas Corporation Limited (ONGC) is likely to be set up in Gujarat’s coastal Jamnagar district, a senior government official said.

ONGC is also parallely in talks with Saudi Arabia to work the details of setting up a joint venture company to establish the plant, the official said, adding the Gulf country might also supply crude oil for the refinery.

“This will be a coastal refinery. The refinery is most likely to be set up in Gujarat’s Jamnagar district; it will be around that belt. Dharuka (in Gujarat) is also being looked at,” the official said.

ONGC is currently working on the detailed feasibility report (DFR), after which the final capacity of the refinery and investment required for the project would be finalized, the official said.