CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business

IOC sees slight delay in Paradip refinery start up

Published: 10 Nov 2013 - 07:04 am | Last Updated: 28 Jan 2022 - 08:58 pm

 

NEW DELHI: Indian Oil Corp aims to start its 300,000-barrels-per-day Paradip refinery by April-May instead of March as cyclone Phailin caused a labour shortage. “There was a setback because of the recent cyclone because most of the contract labourers had to desert that place... We lost almost one-and-a-half to two months because of this cyclone,” said R K Ghosh, IOC’s head of refineries.

There were 23,000-24,000 workers and hardly half of them have come back, said Chairman R S Butola. Ghosh said Paradip refinery is equipped to process tough grades like that from Latin America but in the initial year of operation IOC will use only low sulphur oil from Middle East and West Africa.

Reuters