First cargo of IndianOil’s crude oil imports from US shipped

The ship from the US Gulf Coast after loading full cargo of 2 million barrels is expected to reach Paradip in Odisha by October 1

GN Bureau | August 16, 2017


#PSU   #IndianOil   #US   #oil barrels   #Paradip   #Vadinar  

 In a big leap aimed at diversifying its crude oil sources and boosting the country’s energy security, IndianOil Corporation has begun crude oil imports from the US.

The first cargo of high-sulphur ‘Mars’ crude oil was loaded recently from St. James Port on ‘Bergitta' vessel, which will tranship to another vessel ‘New Prosperity'. This ship will sail from the US Gulf Coast after loading full cargo of 2 million barrels and is expected to reach Paradip in Odisha by October 1, 2017.
 
IndianOil bought the second cargo of 1.9 million barrels of US crude oil (Mars and Eagle Ford grades) for delivery at Vadinar, Gujarat by early November 2017.
 

Comments

 

Other News

Moving people, not cars: The future of mobility and urban life

The recent tragedy at the Elphinstone Road suburban railway overpass in Mumbai is a symptom of a larger and deep-rooted malaise that can directly be traced back to the way we see our city as segments and our extraordinarily transactional relationship with it. The way we see our city is so tightly tautologi

Should Aadhaar be linked to properties?

Should Aadhaar be linked to properties?

732,207,000 Indians don’t have access to basic sanitation: Report

India, the world’s second-largest country by population, once again comes out top for the highest number of people without basic sanitation, said a WaterAid report. The report

Justice Dalveer Bhandari and his suggestions on income tax

Justice Dalveer Bhandari, who has again been elected to the International Court of Justice, had once made some very practical suggestions on income tax reforms. In his 2009 speech

GSL delivers patrol vessel to Coast Guard

 The last of the series of six new offshore patrol vessel (OPV), ICGS Sujay built by Goa Shipyard Ltd, was delivered to the Indian Coast Guard, 34 days ahead of the contractual schedule. GSL has delivered all six large sized patrol vessels ahead of schedule. “The delivery of sixth Coas

Justice Dalveer Bhandari and his suggestions on income tax

Justice Dalveer Bhandari, who has again been elected to the International Court of Justice, had once made some very practical suggestions on income tax reforms. In his 2009 speech



Video

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter