ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Coal and the Price-Line

tonnes in 1969, it is expected to actually dwindle to 5.5 million tonnes within this Plan period unless there are new proved oil strikes. It needs to be recalled, too, that if at one stage the second oil refinery in Assam was being ruled out it was because the existing oil sources in the State were known to be drying up, The expansion of the Static refining capacity by one million tonnes, promised in the Fourth Plan, will therefore have to be on the basis of imported crude. The Fourth Plan explicitly provides for a crude import of 20 mil' lion tonnes by the end of the Plan, on an optimistic expectation of indigenous production of 8.5 million tonnes. To get to even that increase in indigenous supply, existing negotiations for collaboration both on Bombay High and Aliabel's deeper waters will have to be considerably speeded up. Meanwhile, Gujarat has plans to represent for further expansion of its own capacity.

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