As the Mangalore Refinery and Petrochemicals (MRPL) commissioning its single-point mooring (SPM) system
at New Mangalore Port last week, the port's liquid cargo handling has been boosted. Single point mooring is an offshore facility that serves as a mooring point for tankers to discharge their cargoes. For now, MRPL is served by two berths at the port to handle crude oil and petroleum products.
Tag: Mangalore Refinery and Petrochemicals
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Boost to liquid cargo capacity at New Mangalore port
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MRPL to open 120 fuel retail shops in Karnataka
Mangalore Refinery and Petrochemicals Limited (MRPL), subsidiary of the government-owned Oil and Natural Gas Corporation (ONGC) is ready with a blueprint for 120 retail outlets to be rolled out in Karnataka. MRPL entered the fuel retail segment in 2008. Karnataka is MRPL's base-state. MRPL has approval to set up 500 retail outlets and its parent company ONGC has an approval to set up 1,100 retail outlets. Setting up an outlet costs MRPL Rs 5 crore.
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MRPL to procure crude oil from ONGC
Mangalore Refinery and Petrochemicals (MRPL) would procure Rs 38,500 crore worth of crude oil from Oil and Natural Gas Corporation (ONGC) for a five-year period, according to an agreement signed between the firms recently. MRPL is a subsidiary of ONGC. ONGC would supply Mumbai High crude from JNPT and offshore platform to MRPL. ONGC supplies about 11-12 per cent
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IOC to import less oil from Iran
Petroleum Minister M Veerappa Moily informed in Rajya Sabha that Indian Oil Corp (IOC) agreed to import 1.2 million tonne crude oil from Iran in 2013-14 compared to 1.566 million tonne in the previous year. This represents a fall of over 23 per cent in crude oil import by IOC from the Persian Gulf nation. During April-June 2013, the firm imported 0.577 million tonne of oil from Iran. It may be noted that IOC is India's third
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MRPL to resume Iran oil imports from Aug: Report
After stopping for four months, Mangalore Refinery and Petrochemicals (MRPL) plans to resume Iranian oil imports from August, because it has found no suitable alternatives, sources said. Resumption of shipments by MRPL, Iran's top Indian client until it stopped purchases in April, will help to revive the country's Iranian oil imports. India's intake of Iranian crude fell by 40 per cent in the April-June quarter, as refiner Essar Oil became Iran's lone Indian client.
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Minister to discuss fuel export to Mauritius
Union Commerce and Industry Minister Anand Sharma may hold discussion with his counterpart in the Mauritius government to promote petroleum export from India to the island nation. Sharma, who is scheduled to visit the country soon, would hold meeting with Sayyad Abd-Al-Cader Sayed-Hossen, Minister of Industry, Commerce and Consumer Prote
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MRPL wants to import oil from Iran again
Mangalore Refinery and Petrochemicals would take all necessary steps for recommencement of import or processing of Iranian crude oil in its refinery. This information was given by PP Upadhya, Managing Director of MRPL in a June 29 letter to Oil Secretary Vivek Rae, media reports suggest. The company stopped import of oil from Iran after local insurers said they could no longer cover plants that proc
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A unit of MRPL’s refinery may be closed for maintenance
According to source-based information, Mangalore Refinery and Petrochemicals would shut a part of its coastal refinery facility in Karnataka for up to 25 days to conduct maintenance activity. It is learnt that the state-run firm may shut 144,000 barrels per day (bpd) crude unit, which is one of the three units in the coastal refinery, for up to 25 days. CDU II will be s
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MRPL may procure more oil from Saudi Aramco
Mangalore Refinery and Petrochemicals (MRPL) has is seeking additional 23,000 barrels per day (bpd) of crude oil supply from Saudi Aramco during April in order to compensate for the reduction in import from Iran. MRPL plans to stop oil imports from Iran in April if insurance cover is not available for their refineries. Indian insurance companies said they would not cover refine
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ONGC plans Rs 868 bn investment in 5 yrs
Sudhir Vasudeva, Chairman and Managing Director of state-run oil explorer informed that the firm plans to invest about Rs 86,862 crore on 44 mega projects during 2012-17. He also said that the planned capacity addition of the firm's Mangalore Refinery and Petrochemicals will come about in the present Plan period