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Oil exports from Indian refinery to protest-hit BD stay unaffected

Published : Monday, 16 September, 2024 at 12:00 AM  Count : 500
NEW DELHI, Sept 15: The political crisis in Bangladesh has not impacted fuel supplies from Oil India Ltd's Numaligarh refinery in assam to the neighbouring country, said OIL chairman and managing director Ranjit Rath.

Expansion plans for Oil India's subsidiary Numaligarh Refinery Ltd also have not been affected by the unrest in Bangladesh, he said, adding that the neighbouring country is expected to be a major buyer of the products from the refinery.

 "I am very happy to report that there is no disruption at all. There is no disruption of movement…," Rath said on Saturday following the state-run oil and gas major's annual general meeting. "The India-Bangladesh Friendship Pipeline, laid from Siliguri to Parbatipur in Bangladesh, is functioning smoothly. Absolutely no disruption. We are pushing diesel utilising that particular pipeline."

Numaligarh Refinery has been supplying diesel to Bangladesh through rail since 2015 and the India-Bangladesh Friendship Pipeline since last year. 

The refinery, which has a capacity of 3 million tonnes per annum, is undergoing a major capacity augmentation by installing a 6 mtpa capacity refinery and associated crude oil terminals and pipelines.

Rath also said there had been no payment issues related to Bangladesh. "Letter of credit is in place for supplies to Bangladesh," he said.    —Mint (India)



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