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MRPL to revamp diesel unit, raise capacity

MRPL to revamp diesel unit, raise capacity
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First Published: Mon, Feb 22 2010. 02 16 PM IST
Updated: Mon, Feb 22 2010. 02 16 PM IST
New Delhi: “Mangalore Refinery and Petrochemicals (MRPL) will shut its diesel hydro desulphurisation unit for up to 35 days from Friday for revamp, leading to a marginal decline in its crude processing,” its managing director U.K. Basu said on Monday.
“Output of Euro-II and Euro-IV-compliant diesel will come down due to the shutdown. Our crude throughput will also decline marginally,” Basu said.
The revamp will enable the state-run refiner to raise the capacity of its 1.4 million tonnes-a-year diesel unit in southern India by 30% and to produce superior quality diesel.
MRPL sells most of its refined products to state refiners to meet local demand.
While India has decided to adhere to an April deadline for the Euro-IV launch in major cities, it has staggered the roll out of Euro-III specifications in the rest of the country till October.
Basu said that he saw no drastic change in its term crude import deals in the 2010-11 financial year versus the current fiscal year, ending in March.
“There will not be a major change in our strategy for next year. No drastic change. We were already procuring more crude as our refinery operates at about 12.4 million tonnes a year,” he said.
Other than buying crude from its parent firm Oil and Natural Gas Corporation (ONGC) and tapping the spot markets, MRPL has term deals to import crude from United Arab Emirates (UAE), Iran, Saudi Arabia and Abu Dhabi.
MRPL recently raised declared capacity of its coastal plant in the Southern Karnataka state by nearly 22% to 236,400 barrels per day.
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First Published: Mon, Feb 22 2010. 02 16 PM IST