Coal News We love to talk!

APR 18 2017

NRL signs MoU with Paradip Port Trust, IOCL

  • Economic Times, ET Bureau / Hyderabad
  • Created: Tue 18th APR 2017

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.



Odisha Assam Finance Gas Natural Gas Oil Indian Oil Corporation Ltd Refinery Memorandum Of Understanding Petroleum Minister of State Crude Oil

Related News

  • RIL, BP propose single test to get approval for gas finds  Read more
  • Lenders put 55% stake in GMR Rajahmundry Energy on the block  Read more
  • Dont differentiate in gas allocation for urea and NP/NPK fertilisers: FAI  Read more
  • No one found suitable for Oil India CMD job  Read more
  • Anti-ONGC stir continues in TN; no pipeline crack, says DC  Read more
  • GAIL scraps $7-bn LNG tender  Read more
  • Robust Q4 nos: State-run oil cos like IOC, HPCL may cut petrol price by Rs 2/litre from June 1  Read more
  • NLC aims to become fuel-sufficient power generation firm by 2025  Read more
  • Need affordable oil prices for masses: Dharmendra Pradhan to producers  Read more
  • Regulator allows GAIL to hike tariff on sections of Cauvery pipeline  Read more