Domestic production of petroleum coke in Jun’19 has been 1.08 MMT (million metric ton), against 1.23 MMT same month last year, registering a reduction of 12.3%.
On cumulative basis, production in Apr’19-Jun’19 has been 3.42 MMT against 3.49 MMT during the corresponding period of the previous fiscal year, registering a reduction of 2%.
Notably, it is for third month in a row when there has been decline in pet coke production from production level of Apr’19.
The negative growth in production for Jun’19 was mainly contributed by IndianOil’s Koyali refinery, where production of pet coke was affected severely due to ongoing modifications required for production of BS VI fuels.
It is pertinent to note that the production data maintained by government covers the production of Reliance Industries’ refinery located in the domestic tariff area (DTA), but it does not cover the production in refinery located in the special economic zone (SEZ). The market participants indicate that the pet coke production from RIL’s SEZ refinery is to the tune of approximately 300 kilotons per month, which is not included in the government data.
The production of 1.08 MnT in Jun’19 has been slightly lower than the average monthly production of 1.14 MnT in FY 2018-19.
The highest production during FY 2018-19 was recorded in the month of Jun’18 as 1.28 MMT and the lowest in Dec’18 as 0.91 MMT. The annual average has been recorded as 1.14 MMT during FY 2018-19 against 1.16 MMT during 17-18.
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