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WHY INDIA NEEDS PETROLEUM SPOT EXCHANGE

Petroleum products consumption in a country is one of the important indicators for growth of that country. With the growth in consumption, the oil industry gets into mode of changes like building new refineries, storage points, pipelines and import facilities. India is going through all these changes and much more. The most important aspect which

NATURAL GAS

Natural gas is a naturally occurring hydrocarbon. Most of Natural gas is consumed to generate electricity and heating purposes.

KEROSENE

Kerosene is a combustible hydrocarbon liquid. Kerosene for industrial application supplied by oil companies and importers.

BENZENE (BTX)

BTX refers to benzene, toluene, and xylene all of which are aromatic hydrocarbons used for industrial applications.

NAPHTHA

Naphtha is mainly produced from natural gas condensates and petroleum distillates. Primary raw material for petrochemicals.

CONDENSATE

Condensate from oil exploration companies, Fractionators and International producers and trading companies.

CRUDE OIL

Crude oil is an, unrefined petroleum product composed of hydrocarbon deposits and other organic materials. It is refined to produce vast number of petroleum products.

C-9, C-10

C-9 and C-10 available for Industrial application from Refinery and Importers, available at Port and oil companies terminals.

METHANOL

Methanol is an alcohol, consisting of a methyl group linked to a hydroxyl group. It is a light, volatile, colorless, flammable liquid with a distinctive odor.

ETHANOL

Anhydrous Ethanol for blending in Petrol and Industrial Ethanol for industrial application is available.