VOL. XLV

No 16

22-April-2002

INDIA

Rocky Road For Indian Refiners After Deregulation, Says FACTS

Following the partial privatization of Indias refining and marketing sector on1 April, the countrys refiners will begin suffering some of the pains thatother Asian refiners have felt for some time, according to Honolulu-based FACTSInc. In the report Deregulation in the Indian Oil Sector: The Rocky Road Ahead,published by FACTS in March, analysts Fereidun Fesharaki, Hassaan Vahidy and Robert Smith...