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IOC plans to shut key units from April

IOC plans to shut key units from April
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First Published: Fri, Mar 06 2009. 05 14 PM IST
Updated: Fri, Mar 06 2009. 05 14 PM IST
New Delhi: State-run Indian Oil Corp plans maintenance work at key plants during April to September, including fully shutting its 160,000 bpd Mathura refinery from late June for about a month, a trade source said.
In April, IOC plans to first shut a 50,000 bpd crude unit and attached downstream units for about a month at its 120,000 bpd Barauni plant in eastern Bihar state.
Maintenance work at Barauni will begin mid-April, the official said on Friday. Major work at the firm’s Gujarat plant at Koyali will be carried out in two stages.
“At Koyali, work will be carried out in two batches. First in May-June and second in August-September. Each shutdown will be of 25-30 days duration,” the source, who declined to be named, said.
IOC will also shut two of its CDUs at Koyali for short periods of about a week during June-July, he said.
The 274,000 bpd Koyali plant is IOC’s biggest refinery and houses five crude units.
IOC plans to shut half of its 240,000 bpd Panipat refinery in northern Haryana state in September for about 20-25 days for routine turnaround.
IOC’s director of refineries, B.N. Bankapur, said the work would be regular annual maintenance.
“Every year, we take shutdown of various units depending on maintenance and statutory requirements,” he said.
IOC directly owns seven refineries with a combined capacity of 947,000 bpd.
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First Published: Fri, Mar 06 2009. 05 14 PM IST