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.
News Category:
-
Beyond processbook & PI vision: Exploring today’s industrial analytics tools
(Webinar) - In the Manufacturing 4.0 era, industrial organizations have more data at their fingertips than ever, offering the promise of higher production rates, more ...
04-06-2024
-
MOL inaugurates its polyol complex in Tiszaújváros
MOL's EUR 1.3 billion polyol complex in Tiszaújváros, boasting a capacity of around 200,000 tonnes of polyol per year, has been inaugurated. The ceremony, addressed ...
15-05-2024
-
NEXTCHEM completes the acquisition of GasConTec
Further to the announcement made on 4 March 2024, MAIRE announces that NEXTCHEM has finalized the acquisition of 100% of GasConTec GmbH, an innovative company specialized ...
15-05-2024
-
KBR awarded digital solutions contract by OCI
KBR announced today it has been awarded a contract by OCI Global to design and deploy its proprietary operator training simulator for OCI's 3,000 metric tonnes ...
13-05-2024
-
Worley awarded Bayou Bend CCS carbon capture and storage facility contract
We’ve been selected to design and evaluate CO2 gathering, handling and sequestration facilities located along the Gulf Coast in Southeast Texas. Bayou Bend ...
13-05-2024
-
Black & Veatch delivers feasibility study for Andes Energy LNG Terminal
Global liquefied natural gas (LNG) infrastructure solutions leader Black & Veatch has completed a feasibility study for the planned Andes Energy Terminal, LNG regasification ...
09-05-2024
-
Shell to sell interest in Singapore Energy and Chemicals Park to CAPGC
Shell Singapore Pte Ltd, a subsidiary of Shell plc, has reached an agreement to sell its Energy and Chemicals Park in Singapore to CAPGC Pte. Ltd., a joint venture company ...
08-05-2024
-
Integrated Global Services recognized for role in mega turnaround
Integrated Global Services has been recognized as a major contributor to the successful Ras Tanura Refinery 2024 Mega Turnaround and Inspection for Saudi Arabian Energy ...
08-05-2024
-
Ebara Elliott Energy to provide compressor for SAF project in Thailand
Ebara Elliott Energy, formerly Elliott Group, announces it has been contracted to provide a motor-driven recycle compressor with a variable frequency drive (VFD) for ...
07-05-2024
-
ETH Zurich select hte to provide high throughput test system designed for CO2 electroreduction
hte – the high throughput experimentation company was awarded a contract by the technical university ETH Zurich to provide a high throughput test system designed for ...
07-05-2024