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Thu 7 May 2009, 10:01 GMT

IOC offers 380-cst at Chennai


Indian Oil Corporation sources 380-cst from Manali refinery to offer new product option at Chennai.

Bunker supplier Indian Oil Corporation Ltd. has reported that it has commenced supplying 380-centistoke (cst) at the port of Chennai, located on the southeast coast of India.

The company is utilizing 380-cst product from the 185,000 barrels-per-day (bpd) Manali Refinery, Chennai, which is operated by its subsidiary Chennai Petroleum Corporation Ltd (CPCL) - formerly known as Madras Refineries Limited (MRL)

IOC operates refineries in Assam, Gujarat, West Bengal, Uttar Pradesh, Madras and Bihar and is the leading provider of fuel oil for the bunker market, supplying both marine fuel and lubricants to customers in all major Indian ports. The company is also active in the sale of fuel oil cargoes to other countries.

The company sold 58.3 million tonnes of petroleum products during 2007-08, registering a 8.7% growth in volumes as compared to the previous year.

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