Pact on crude oil import to Paradip port signed in City

Pact on crude oil import to Paradip port signed in City

Three public sector undertakings of the Central Government on Sunday signed a Memorandum of Understanding (MoU) for import of crude oil through Paradip Port for the proposed refinery expansion of Numaligarh Refinery Limited (NRL) in Assam from three million tonne per annum (MTPA) to nine MTPA.

Under NRL’s proposed refinery expansion project, a 28 inch in diameter and 1400 km long pipeline of one MTPA capacity will be laid for transporting six MTPA of imported crude oil from Paradip Port to Numaligarh.

Union Minister of State for Petroleum and Natural Gas Dharmendra Pradhan said the Indian Oil Corporation Ltd (IOCL) will also supply crude oil to NRL for which a big storage terminal will be set up at Paradip. The Centre has big plans for development of Paradip Port to increase export of coal and other minerals, he added. Read More…

 

Credit By : New Indian Express

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