Energy Wave of refinery shutdowns may push India into importing fuel next year Updated : November 27, 2018 03:09 PM IST India, the world's third-biggest oil importer and consumer, has surplus refining capacity and rarely imports gasoil and gasoline. It also means that demand for fuel produced by India's privately owned refiners will likely climb during the period, as state refiners seek to fill the gap. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.