IOC aims to start crude unit at Paradip by Wednesday - sources | Reuters

NEW DELHI Indian Oil Corp(IOC.NS) aims to restart processing at its 300,000 barrels-per-day (bpd) crude unit by Wednesday, company sources said on Monday.

IOC, the country's biggest refiner, had shut the crude unit after a fire broke out at a vacuum distillation unit (VDU) on Saturday evening.

"We are ready to restart. On Tuesday or Wednesday we plan to restart the crude processing. Currently an assessment is going on," said one of the sources.

The refiner has one crude unit, attached to the VDU.

(Reporting by Nidhi Verma; Editing by Himani Sarkar)

This story has not been edited by Firstpost staff and is generated by auto-feed.


Published Date: Feb 01, 2016 05:16 pm | Updated Date: Feb 01, 2016 05:16 pm



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