{"id":292959,"date":"2019-09-21T06:25:54","date_gmt":"2019-09-21T06:25:54","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=292959"},"modified":"2019-09-21T06:25:54","modified_gmt":"2019-09-21T06:25:54","slug":"ioc-eyes-more-us-oil-as-india-diversifies-energy-routes","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ioc-eyes-more-us-oil-as-india-diversifies-energy-routes\/","title":{"rendered":"IOC eyes more US oil as India diversifies energy routes"},"content":{"rendered":"<p>NEW DELHI: India\u2019s largest oil refiner and fuel retailer IndianOil Corporation is looking at pumping up US crude import volumes next year, expanding India\u2019s fledgeling energy bridge with Houston \u2014 the heart of American oil and gas industry where prime minister Narendra Modi is scheduled to address a congregation of Indian diaspora on Sunday.<br \/>\n\u201cThere are some bottlenecks in US oil export infrastructure, which prevents berthing and loading of VLCCs (very large crude carriers) at the terminals. Smaller vessels are not often economical. They are working on de-bottlenecking and hope to complete it by January. If that happens, then why not (buy more US oil),\u201d company chairman Sanjiv Singh told TOI.<br \/>\nCompany\u2019s former director finance A K Sharma said oil is transported from the terminals in smaller vessels to VLCCs parked at high sea. \u201cIn the present system, they load their VLCCs and then offer in the market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: India\u2019s largest oil refiner and fuel retailer IndianOil Corporation is looking at pumping up US crude import volumes next year, expanding India\u2019s fledgeling energy bridge with Houston \u2014 the heart of American oil and gas industry where prime minister Narendra Modi is scheduled to address a congregation of Indian diaspora on Sunday. \u201cThere are some bottlenecks in US oil export infrastructure, which prevents berthing and loading of VLCCs (very large crude carriers) at the terminals. Smaller vessels are not often economical. They are working on de-bottlenecking and hope to complete it by January. If that happens, then why [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,219,137],"tags":[],"class_list":["post-292959","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/292959","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=292959"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/292959\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=292959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=292959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=292959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}