IndianOil to help Numaligarh Refinery to build a crude oil pipeline -Governance Now

IndianOil to help Numaligarh Refinery to build a crude oil pipeline

Numaligarh Refinery plans to utilise IndianOil’s single point mooring system for import of crude oil for the proposed expansion of its refinery

GN Bureau | April 20, 2017

#CPSE #PSU #IndianOil #IOCL

IndianOil Corporation Limited has signed an agreement with Numaligarh Refinery Limited (NRL) and Paradip Port Trust to help the NRL build a crude oil pipeline from Paradip Port (Odisha) to Numaligarh (Assam).

The NRL is putting efforts to expand its refining capacity from current three million metric tonnes per annum (MMTPA) to nine MMTPA. The proposed crude pipeline from Paradip to Numaligarh is part NRL’s expansion plan.

IndianOil, a Maharatna enterprise, possesses a modern crude oil unloading system through Single Point Mooring (SPM) system at Paradip Port to meet crude oil requirements of its refineries at Paradip, Haldia, Barauini and Bongaigaon.

NRL is interesting in utilising the existing SPM system of IndianOil for import of crude oil for the proposed expansion of its refinery at Numaligarh.

Union minister of state for petroleum and natural gas Dharmendra Pradhan commended Indian Oil for securing the oil demand of north eastern states through the Paradip Haldia Barauni, Guwahati Siliguri Pipelines. “The centre is contemplating to expand the capacity of the port at Paradip and set up a crude oil terminal to be used to meet oil requirement of east Asia,” he said.

Ministry of road transport and highways Nitin Gadkari said the centre is mulling to make Paradip as the growth engine not only for the development of Odisha but for the entire North Eastern states. He said around Rs 7,000 crore would be invested in the project out of which Rs 1,000 crore would be invested in Paradip. Similarly, investment would also be made in Assam.

Comments

Other News

Civil Services 2022 Top 20 felicitated

Union Minister of State (Independent Charge) for Science and Technology, MoS PMO, Department of Atomic Energy and Department of Space and MoS Personnel, Public Grievances and Pensions, Dr Jitendra Singh on Tuesday interacted with and felicitated the first 20 All India Toppers of IAS/ Civil Services Exam 20

Boost to offshore wind energy projects

In a major decision, the Government has decided to grant waiver of ISTS charges to Off-Shore Wind Projects and extend the waiver to Green Hydrogen/Green Ammonia. This decision has been taken to facilitate wider execution of offshore wind energy initiatives, to promote the expansion of Green Hydrogen / Gree

Duty of stakeholders to provide cost effective, alternate energy fuels: Gadkari

Urging use of alternative and cost effective fuels to reduce pollution caused by vehicles, union road transport and highways minister Nitin Gadkari on Thursday said finding cost-effective fuels is the need of the hour and underlined that use of fuels like bio-CNG and green hydrogen help in protecting the e

Record production of rice, wheat, and sugarcane estimated

The foodgrain production of 3305.34 lakh tonnes is estimated in the current agricultural year 2022-23 – higher by 149.18 LMT as compared to the previous year, according to the Third Advance Estimates of production of major crops released by the ministry of agriculture and farmers welfare.

India`s ‘AIRAWAT’ ranks 75th in top 500 Supercomputing List

The AI Supercomputer ‘AIRAWAT’, installed at C-DAC, Pune, has been ranked 75th in the world. It was declared so in the 61st edition of Top 500 Global Supercomputing List on Tuesday at the International Supercomputing Conference (ISC 2023) in Germany. It puts India on top of AI S

Ocean Dialogue a great opportunity for G20 members

The ongoing third Environment and Climate Sustainability Working Group G20 meeting (May 21-23) has focused on three aspects: land degradation and reclamation of mining areas, Blue Economy and sustainable ocean management and resource sufficiency and circular economy. Leena Nandan, secretary,