Indian Oil Corporation started buying crude from Rajasthan

State-owned Indian Oil Corporation has started buying crude oil from Cairn India’s Rajasthan oil fields, which have now crossed the 1,00,000 barrels per day mark in production. “We started taking Cairn crude this week,” a senior IOC official said. “We are taking small volumes initially.” Cairn’s Mangala oil fields in Barmer district of Rajasthan is producing 105,000 barrels per day (bpd) and is likely to reach peak output of 1,25,000 bpd later this month. “We were to start taking Cairn crude last month but that had to be postponed due to technical issues with our pipeline,” he said. IOC is buying 13,000 bpd, the official said.
Cairn currently sells crude oil to Reliance Industries’ Jamnagar refinery in Gujarat and neighbouring Vadinar plant of Essar Oil. Mangalore Refinery and Petrochemicals, Cairn’s first customer, has temporarily stopped taking the Mangala crude to do more studies on optimal volumes its modern refinery on the west coast can take. The official said IOC will buy 0.9 million tonne of Mangala crude annually for processing at its Panipat refinery in Haryana. Cairn transports Mangala crude through a newly built pipeline from Barmer in Rajasthan to Salaya in Gujarat. From Salaya, crude is supplied to RIL’s Jamnagar unit and Essar’s Vadinar refinery. Mangala crude is being pumped into IOC’s 1,174-km long Mundra-Panipat pipeline for transportation to Panipat. IOC has also contracted 0.6 million tonne (MT) of Mangala crude oil for processing at its Koyali refinery in Gujarat but the supplies to the unit would commence only in October or November, the official said.

4 comments:

  1. All oil / crude oil is going out of state, why govt. of rajasthan is not setting up or making to setup refinery in rajasthan. it was also decided first that Indian Oil Corporation (IOC) will be setting up refinery in Jodhpur at Salawas (IOC depot). there is need of mini refinery in Jodhpur, supplying oil through pipe line to Jodhpur at Salawas.

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  2. State Congress looks like "Pyada" of Central govt, as central govt is now days busy in selling Govt Companies and making Ambani dambani rich while state govt is not doing anything, they must setup refinary here which not only generates Crores of revenue for state but also provide employments... where these politicians are now days... they only come when they need votes.

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  3. The congress govt. in rajasthan almost failed to bring refinery in rajsthan. central govt. is intrested to make enjoy only private companies like reliance, essar etc.. CM ashok geholt belong to western rajasthan but no project for western rajasthan. much expected from him even after centre govt. is same than to of no use. We want refinery in western rajasthan. stop fooling public in the name of develpment by helping private companies. all crude oil is going out of state through pipe line to private companies for there profit.

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  4. Congress always say that we are for poor and rural india, but last 5 years policies such as:
    1. Authority to Oil companies to hike petrol prices
    2. Selling govt shares of top companies to private such as NTPC, CIL, NMDC, SAIL etc.
    3. Foreign telecom comanies in indian market, threat to privacy and nation security such as vodafone, uninor, Airtel( which is having 35% share with Singtel,a singapore company)
    4. rising inflation
    5. rising prices of daily needs thing...

    so how can we say that govt is working for normal people.

    GOVT IS ADOPTING US POLICIES, WHICH IS SUCCESSFUL WHEN POPULATION IS LESS AND RESOURCES AND MORE BUT INDIA NOT TO TAKE SOME POLIEIS FROM CHINA, AS CONDITIONS ARE SAME IN BOTH CONTRIES.... WAKE UP GOVT AND STOP MAKING INDIA AGAIN FOREIGN OR CROREPATI'S "GULAM"

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