ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Growing Public Sector in Oil

Growing Public Sector in Oil Hansavivek INDIAN OIL CORPORATION'S all four operating refineries processed higher quantities of crude oil during 1975-76 compared to in each of the preceding years. Over the year, total throughout increased by 17.4 per cent to 92,30,736 tonnes. This also included an increase of 7,98,543 tonnes in the processing of indigenous crude. The Gauhati refinery introduced S R naphtha, a new product. Technical suitability of LSHS as fuel for the Assam State Electricity Board's Chandrapur power station has been established and ptcd. The Barauni refinery considerably increased production of phenol extract, a feedstock for carbon black manufacture, and calcined coke which is a raw material for the aluminium industry. The Gujarat refinery is putting up a pilot plant for production of aluminium rolling oil. The expansion project is also in progress. Detailed project cost estimates have been submitted to government for approval. The mechanical completion of the project is expected to be achieved by the last quarter of 1977. The completion of the bitumen unit and all the units of the lube block of Haldia refinery have also been achieved. Trial operations of the units are likely to commence before the end of this year. IOC signed a contract worth Rs 17.40 crores with Nef-, chimpromexport of USSR in September 1975 for the supply of equipment and materials and technical assistance For construction and commissioning of the Mathura refinery. Working drawings will be supplied in phases, and completed by March next. Design and engineer- ng for the on-site units and the off- site facilities, not covered in the USSR's scope of work, are being done by Engineers India. BHEL has been entrusted with the supply and construction of power plant on a turnkey basis. Investigation at site in respect of soil-explora- ory tubewells, seismicity, etc, are in progress. The refinery is scheduled to be mechanically completed by December 979, and will be ready for commission- ng by April 1980. As a measure of import substitution, IOC has started manufacturing high-value items, like tube bundles, in its own workshops. The overall performance of the network of pipelines owned by the corporation was higher compared to the previous year. The balance 20 per cent survey work of the Viramgam-Mathura section of the Salaya-Koyali-Mathura crude oil pipeline has been completed, and cad- estral survey work is in hand. The marketing division has constructed and commissioned the second phase of the Mangalore installation. Badnera depot, with a total tankage of 2,980 KLs, is ready for commissioning. Decoiling plant

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