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

Thus ends the Chidamba-Run!

The arrest of Palaniappan Chidambaram, former union minister of home & finance, by the CBI, albeit after his much dramatic disappearance and reappearance, has brought an end to his long run from the arms of law. As a finance minister, being at the other end of the law, the former ministe

What Imran’s rant against RSS tells us about Modi’s Kashmir policy

An unintended consequence of the inversion of Article 370 and the division of the state of Jammu and Kashmir into two union territories is the curious revival of Pakistan’s interest in Indian history and sociology. For the first time in decades, a Pakistan prime minister made the Rasht

On a Personal note with actor Neeraj Kabi

Neeraj Kabi, a critically acclaimed self-taught actor, theatre director, and acting teacher, has worked in Odiya, Hindi and international cinema, theatre, television and web series. In 2014 he was honoured with the best actor award at the 4th Sakhalin International Film Festival for his role in the fil

Talking to Trump, Modi hits out at Imran’s anti-India rhetoric

Prime minister Narendra Modi has told US president Donald Trump that Pakistan prime minister Imran Khan’s “incitement to anti-India violence” was not good for peace in south Asia. Modi and Trump had a telephonic conversation – their first since the Aug 5 move to chang

Paediatricians call for junking unhealthy food

As children are consuming more and more fast foods and sweetened beverages are becoming, leading to obesity and related non-communicable diseases (NCDs), the Indian Academy of Pediatrics (IAP) has come out with guidelines on such substances. The dietary guidelines under its nutrition chapter

Modi’s forward-looking I-Day speech lays down 5-year agenda

Contrast prime minister Narendra Modi’s first Independence Day speech in 2014 with his latest, the first in the second term, and you know the difference. His first speech was less about future and much about the basic needs like Swachch Bharat (clean India). His speech on Thursday, on the other hand,



Current Issue

Current Issue

Video

CM Nitish’s convoy attacked in Buxar

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter