Home ECONOMY NRL to import crude through Odisha’s Paradip Port

NRL to import crude through Odisha’s Paradip Port

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Odisha Sun Times Bureau
Bhubaneswar, Apr 16:

Numaligarh Refinery Limited (NRL) today signed a historic Memorandum of Understanding (MoU) with Paradip Port Trust (PPT) and Indian Oil Corporation (IOCL) for import of crude oil through Paradip Port, for its proposed refinery expansion at Numaligarh from existing 3 MMTPA to 9 MMTPA.

Under NRL’s proposed refinery expansion project, a 28-inch diameter 1400 km long crude oil pipeline of 1 MMTPA capacity will be laid for transporting 6.0 MMTPA of imported crude oil from Paradip Port to Numaligarh in Assam.

The MoU provides for utilizing IOCL’s spare capacity of existing SPMs (Single Point Mooring) at Paradip. PPT will extend land space for installation of crude storage tanks, pump house, and township at Paradip. This will lead to an estimated investment of Rs 1,000 crore in Odisha and generate direct and indirect employment.

The tripartite MoU was signed between Chairman PPT Rinkesh Roy, Director (Technical) NRL B J Phukan and ED (Pipelines) IOCL A K Tiwari in the august presence of Union Minister for Road Transport, Highways and Shipping Nitin Gadkari; Union Minister for Petroleum and Natural Gas Dharmendra Pradhan; Finance, Health, Education and Planning Minister of Assam H B Sarma; Commerce and Industry Minister of Assam C M Patowary; NRL MD  P Padmanabhan; Director(Pipelines) IOCL Aneesh Agarwal among others.