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

TRP-driven model bred irresponsibility: Sudhir Chaudhary

News profession is organic in nature, requires responsibility and discipline, and there is no room for mistake. To maintain high standards of accuracy you need discipline and hygiene in the newsroom. Sudhir Chaudhary, editor in chief of Zee News, Zee Business and Wion, has said that a TRP-driven business m

This Mumbai NGO empowers children with skills

When Dharmendra Pandey, a fruit-seller had to leave Mumbai after the imposition of the lockdown during the Covid-19 pandemic, and return to his village in Uttar Pradesh, he was staring at economic uncertainties ahead. Little did he know that his 16-year-old son, Mahavir, had acquired skills that would come

Masks: Awareness: near-total, compliance: half-way

Wearing a face mask is the first line of defence against the novel coronavirus, along with maintaining social distance and frequently washing hands with soap. More than six months after the outbreak of Covid-19, nearly 90 percent of people in India have become aware of the necessity of wearing a face mask,

Covid-19: Daily recoveries cross 1 lakh mark, new cases far fewer

Is India finally gaining an upper hand over the Covid-19 pandemic? After weeks of new cases hitting 90,000-plus every day, the tide seems to be turning, as the number came down to 75,083 on Tuesday, and the recoveries were not only higher than that but crossed the 1 lakh mark too. The countr

A travelogue of an inner pilgrimage

Sit Your Self Down A Novice’s Journey into the Heart of Vipassana By Gayatri Jayaraman Hachette India, 212 pages, Rs 399   As stress and strife increase in daily life, more and more people are turning to meditation as an all

Vote in the time of Covid: EC hosts global webinar

On completion of one year of the chairmanship of the Association of World Election Bodies (A-WEB), the Election Commission (EC) of India on Monday hosted an international webinar on the theme of “Issues, Challenges and Protocols for Conducting  Elections during COVID-19 : Sharing Country

Archives

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter