IOC to start coker at Koyali plant in Nov
NEW DELHI | Mon Oct 18, 2010 11:29pm IST
NEW DELHI (Reuters) – Indian Oil Corp will commission a 3.7 million tonnes a year delayed coker at its Koyali refinery in November, its refineries head B. N. Bankapur said on Monday, helping to lift processing of heavy crude.
“It will improve our distillate yield, production of LPG (liquefied petroleum gas), gas oil and petrol will go up. Also we will be able to process heavier crude,” Bankapur told Reuters. The Koyali plant in Gujarat is IOC’s biggest refinery with a capacity to process 274,000 barrels per day of crude.
An Asian oil trader said that after the commissioning of the coker, IOC would begin processing Mangala crude produced at an onshore block in northwestern Rajasthan. “It is heavy and sweet so it makes sense for IOC to begin processing this crude and cut down on imports,” the trader said on condition of anonymity.
IOC had contracted to annually buy 1.5 million tonnes or 30,000 bpd of Mangala crude oil from Cairn India, operator of Rajasthan block. Currently it buys three-fifths of the contracted volumes for its 240,000 bpd Panipat plant. Indian Oil is the country’s biggest state-run refiner and controls about 28 percent of India’s installed refining capacity of 3.76 million bpd.
(Reporting by Nidhi Verma; editing by Jo Winterbottom
Here is update on IOC Koyali Coker project (Sometimes called : Vododara Refinery, or Gujarat Refinery or Koyali Refinery) which is now slated for Nov 2010 startup (original Jan 2010 projected). The technology is by Foster Wheeler & Flowserve is doing coke cutting system.
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