IOC, BRPL sign agreement

NEW DELHI, NOV. 26. Indian Oil Corporation (IOC) has signed an agreement with Bongaigaon Refinery and Petrochemicals (BRPL) for transportation of 0.5 million tonnes of crude oil for delivery to `BRPL through IOC's Haldia-Barauni crude oil pipeline.

The agreement was signed in the Presence of Mr. S. N. Jha, director (pipeline), IOC by Mr. A.M. Uplenchwar, executive director (engineering and consultancy), IOC and Mr. R.M. Hazarika, director (commercial), BRPL, a company statement said here.

IOC would source and transport crude oil through its 4.2 million tonnes capacity 500 km. long Haldia-Barauni crude oil pipeline to BRPL up to Barauni.

The 2.7 million tonne BRPL's Bongaigaon Refinery in Assam is unable to utilise its full refining capacity due to lower allocation of crude oil from Assam oil fields and was importing crude. BRPL would transport crude oil from Barauni to Bongaigaon through Oil India Ltd. (OIL's) pipeline.

- PTI

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