Payment remains a worry for oil exports to Pakistan

Amitav Ranjan : New Delhi, Wed Apr 11 2012, 00:47 hrs

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Pakistan's existing refining capacity meets only half its total domestic requirement. India, however, exports almost one-fourth of the output from its 185 million-tonne refining capacity, a large proportion of which, are located close to the India-Pakistan border.

There are two options for export: use pipelines to transport the fuel from the upcoming HMEL refinery in Bhatinda up to the border 50 kms away; or ship from Reliance and Essar refineries to Karachi, 200 kms away.

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