State-owned refiner Bharat Petroleum Corp Ltd (BPCL) plans to increase naphtha exports by 12.5% to 1.8 mln tons in 2012 when its new refinery ramps up operation. Production has commenced at the Bina refinery, and exports are expected to rise from the current 1.6 mln tons. Bharat Oman Refinery Ltd (BORL), a joint venture of BPCL and Oman Oil Co, started its 120,000 bpd Bina refinery earlier this year, and expects to reach full capacity by end of 2011.
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