IOC signs pact with APSEZ to expand crude oil volumes at Mundra Port

NEW DELHI: Adani Ports and Special Economic Zone (APSEZ) on Tuesday said it has signed an agreement with Indian Oil towards augmentation of the latter’s crude oil volumes at Mundra.

APSEZ in a statement said Indian Oil Corp Ltd (IOCL) shall expand its existing crude oil tank farm at APSEZ’s Mundra Port, thus enabling it to handle and blend additional 10 mmtpa crude oil at Mundra. This will support IOCL’s expansion of its Panipat refinery in Haryana, the statement added.

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