NEW DELHI: Indian Oil Corp, the country’s top refiner, plans to shut units in phases at its northeast plants from August to produce cleaner fuels, two sources privy to the move said.
Domestic refiners have lined up upgrade plans ahead of full-scale roll-out of Euro VI-compliant fuels in the country from April 2020.
IOC’s refineries in the state of Assam are very old and small in size. These refineries get incentives from the government to protect their gross refining margins and cater to fuel demand in the land-locked region.
IOC will shut a delayed coker, hydrotreater and gasoline units for about 15 days for catalyst replacement at its 13,000-barrels-per-day (bpd) Digboi refinery, the sources said.
