Coal News We love to talk!
Numaligarh Refinery Limited (NRL) has signed a Memorandum of Understanding (MoU) with Paradip Port Trust and Indian Oil Corporation (IOCL) for transporting imported crude oil from Paradip port in Odisha to Numaligarh in Assam for its proposed refinery expansion.
Under the NRL’s proposed refinery expansion project from the existing three MMTPA to nine MMTPA, a 28-inch diameter 1400 km long crude oil pipeline of one MMTPA capacity will be laid for transporting six MMTPA of imported crude oil from Paradip port to Numaligarh. The MoU provides for utilizing IOCL’s spare capacity of existing SPMs (Single Point Mooring) at Paradip.
Paradip Port Trust will extend land space for installation of crude storage tanks, pump house and township at Paradip, a NRL release said today. The tripartite MoU was signed between Paradip Port Trust Chairman Rinkesh Roy, NRL Director(Technical) BJ Phukan and IOCL ED (Pipelines) AK Tiwari at Bhubaneswar yesterday in the presence of Union Minister for Road Transport, Highways and Shipping Nitin Gadkari and Minister of State(I/C) for Petroleum and Natural Gas Dharmendra Pradhan.
Assam Finance, Health, Education and Planning Minister Himanta Biswa Sarma, Commerce and Industry Minister C M Patowary, NRL MD P Padmanabhan and IOCL Director(Pipelines) IOCL Aneesh Agarwal were also present on the occasion, the release said.
- Narendra Modi govt says households not to get LPG subsidy without Aadhar card Read more
- OIL to float foreign arm in 4 months, sets sight on Lanka Read more
- ONGC: Cost efficiencies help beat PAT estimate Read more
- REC, PFC to aid revival of small hydel projects: Piyush Goyal Read more
- Myanmar as economic miracle hinges on natural gas bounty Read more
- RIL bets on Chavez era for Venezuela spend Read more
- Buoyed by high returns, state-run oil firms to ramp up rural outlets Read more
- Chattisgarh: CSPTCL ARR order for FY 2013-14 to FY 2015-16 Read more
- Competition Commission orders fresh probe against GAIL (India) Read more
- BP India head says India can produce 10-15 tcf of gas by 2022 Read more