{"id":344443,"date":"2020-03-31T13:21:49","date_gmt":"2020-03-31T07:51:49","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=344443"},"modified":"2020-03-31T13:21:49","modified_gmt":"2020-03-31T07:51:49","slug":"covid-19-mrpl-to-shed-0-5-million-tonnes-of-crude-through-force-majeure","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/covid-19-mrpl-to-shed-0-5-million-tonnes-of-crude-through-force-majeure\/","title":{"rendered":"Covid-19: MRPL to shed 0.5 million tonnes of crude through &#8216;force majeure&#8217;"},"content":{"rendered":"<p>MANGALURU: Faced with a steep reduction in offtake of petroleum products \u2013 diesel, petrol and aviation turbine fuel \u2013 thanks to nation wide lockdown due to Covid-19, Mangalore Refinery and Petrochemicals Ltd (MRPL) \u2013 Karnataka\u2019s only oil refinery has declared \u2018force majeure\u2019 to contracted crude oil supplies. With its tanks full and OMCs not lifting petroleum products, MRPL will shed 0.5 million tonnes of crude up to first week of May.<br \/>\nSupplying fuel to entire Karnataka and even neighouring Kerala and other Southern states, this \u2018force majeure\u2019 move by MRPL will in no way disrupt fuel availability, said M Venkatesh, managing director, MRPL. \u201cWe may accept crude parcels up to first week of April and invoke this clause in the contract that allows a buyer to stop contracted purchases in various conditions \u2013 medical emergency being one of them and we are amidst one,\u201d he told TOI.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANGALURU: Faced with a steep reduction in offtake of petroleum products \u2013 diesel, petrol and aviation turbine fuel \u2013 thanks to nation wide lockdown due to Covid-19, Mangalore Refinery and Petrochemicals Ltd (MRPL) \u2013 Karnataka\u2019s only oil refinery has declared \u2018force majeure\u2019 to contracted crude oil supplies. With its tanks full and OMCs not lifting petroleum products, MRPL will shed 0.5 million tonnes of crude up to first week of May. Supplying fuel to entire Karnataka and even neighouring Kerala and other Southern states, this \u2018force majeure\u2019 move by MRPL will in no way disrupt fuel availability, said M Venkatesh, [&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-344443","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\/344443","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=344443"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/344443\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=344443"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=344443"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=344443"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}