Exim News

India favours petcoke import ban, US would be biggest loser

India's government is in favour of banning imports of petroleum coke on environmental grounds, according to a government affidavit filed with the country's top court, which could be a big blow to U.S. refiners who export heavily to the country. 

The Supreme Court, which in October banned the use of petroleum coke in and around New Delhi in a bid to clean the air in one of the world's most polluted cities, is scheduled to hear a case on its use across the country later on Monday. 
India is the world's biggest consumer of petroleum coke, better known as petcoke, which is a dark solid carbon material that emits 11 percent more greenhouse gases than coal, according to the Carnegie-Tsinghua Center for Global Policy. 
Burning it also emits several times more sulphur dioxide, which causes lung diseases and acid rain 
Local producers include Indian OilBSE -0.48 % Corp, Reliance IndustriesBSE -0.46 % and Bharat PetroleumBSE 0.17 % Corp. 

The oil ministry has also told the Supreme Court that petcoke should only be used as feedstock, like in the cement industry, and not as fuel. 

A country-wide import ban would require replacing 14 million tonnes of petcoke a year with 24 million to 31 million tonnes of coal, according to industry calculations, most of which have to be imported.

Reference: economictimes

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