You are currently viewing: News



19-04-2017

Indian Oil Corporation inks MoU with Numaligarh refinery and Paradip port

Indian Oil Corporation Limited entered into an MoU with Numaligarh Refinery Limited and Paradip Port Trust in a glittering ceremony at Bhubaneswar in presence of Shri Nitin Gadkari, Honourable Minister for Road Transport, Highways & Shipping, Shri Dharmendra Pradhan, Honourable Minister of State (I/C) for Petroleum and Natural Gas, Dr. Himanta Biswa Sarma, Finance Minister, Govt. of Assam, Shri Chandra Mohan Patowary, Commerce & Industry Minister, Govt. of Assam, Shri Anish Aggarwal Director (Pipelines), Chairman Paradip Port Trust (PPT), MD Numaligarh Refinery Ltd.

Numaligarh Refinery Limited has planned to expand the refining capacity of its refinery from 3 MMTPA to 9 MMTPA. Under the expansion plan, a crude oil pipeline from Paradip Port in Odisha to Numaligarh in Assam is proposed.

IndianOil is having a state of the art crude oil unloading system through Single Point Mooring System at Paradip Port to meet crude oil requirements of its refineries at Paradip, Haldia, Barauini and Bongaigaon. NRL has expressed their interest to explore the possibility of utilizing the existing SPM System of IOCL 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 louded the efforts of Indian Oil for securing the oil demand of North Eastern states through the Paradip Haldia Barauni, Guwahati Siliguri Pipelines. He said that the Centre is planning 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.

Speaking on the occasion Mr Gadkari said the Union government has planned 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 huge Investment would also be made in Assam.

On their arrival the hon'ble ministers were welcomed by Shri Anish Aggarwal, Director (Pipelines), Shri A.K.Tiwari, ED(Operations), Shri P.C.Choubey, ED SERPL, Shri S.Ganguly, GM ( Systems) and other senior IOC officials.

The tripartiate MoU was signed between ED (Operations) Pipelines Shri A.K. Tewari, Paradip Port Trust Chairman Shri Rinkesh Roy, NRL Director (Technical) Shri B.J. Phukan.
Sponsor : 

Other News Items

MOL Group enters into a partnership with INOVACAT

MOL Group entered into a strategic partnership with INOVACAT, a Dutch technology innovator in the refining and petrochemical industries. The cooperation is expected to ...

19-06-2018

John Crane completes acquisition of Seebach GmbH

John Crane, a global leader in rotating equipment solutions, supplying engineered technologies and services to process industries, recently announced that as of June ...

19-06-2018

Velocys and PQ partner for catalyst manufacturing

Velocys plc, the renewable fuels company, is pleased to announce that it has partnered with PQ Corporation (PQ) for the supply of commercial quantities of Velocys’ ...

19-06-2018

Fluor achieves substantial engineering completion at Galveston Bay refinery

Fluor Corporation announced today that it has achieved  substantial engineering completion for Marathon Petroleum Corporation’s Tier 3 gasoline sulfur standard ...

19-06-2018

KBR announces FEED plus EPC option contract from Arkema

KBR, Inc. announced today it has been working on the Front End Engineering and Design (FEED) to double the sulfur derivatives production capacities at Arkema's Beaumont,Texas ...

19-06-2018

Emerson releases Rosemount Twisted Square Thermowell line

Emerson has released the Rosemount™ Twisted Square™ Thermowell line, a solution that reduces dynamic stress, simplifies process calculations and provides ...

18-06-2018

Anguil Environmental Systems celebrates a major milestone

Starting an environmental company in the late 1970’s was not nearly as well received as it would be today, but Gene Anguil, Founder of Anguil Environmental Systems, ...

15-06-2018

YASREF awards Jacobs general engineering services contract

Jacobs Engineering Group Inc, has been awarded a three-year, general engineering services (GES) contract from Yanbu Aramco Sinopec Refining Company Ltd. (YASREF) to help ...

14-06-2018

Siluria Technologies and Saudi Aramco join forces to maximize chemicals production

Saudi Aramco Technologies Company, a subsidiary of the world’s largest oil company, and Siluria Technologies, a leader in disruptive process technologies for the ...

13-06-2018

Clariant Catalysts collaborates with Hydrogenious Technologies

Clariant, a world leader in specialty chemicals, today announced that its Catalysts business has formed an alliance with award-winning clean energy company, Hydrogenious ...

12-06-2018