IOCL to expand crude oil tank farm capacity at APSEZ’s Mundra port

Adani Ports and Special Economic Zone (APSEZ) said on Tuesday it has entered into an agreement with Indian Oil Corporation (IOCL) to augment crude oil volumes at Mundra Port in Gujarat by expanding IOCL’s existing crude oil tank farm capacity.

The expansion will enable IOCL to blend and handle additional 10 million tonne per annum (mmtpa) of crude oil at Mundra. “This will support IOCL’s expansion of its Panipat refinery in Haryana,” Adani Port said in a statement.