Indian Oil Refineries achieve record crude throughput of 55.2 MMT
Indian Oil’s Refineries Division has achieved ‘record performance’ on all major parameters in the year 2015, from achieving the highest crude throughput of 55.2 MMT, and one of the highest ever Distillate levels of 79.6%, coupled with the lowest energy consumption and fuel & loss, the company said in a statement today.
The year also marked a record production of all major products – 2.4 MT of LPG, 6.87 MT of petrol and 24.9 MT of diesel, said Director (Refineries), Indian Oil, Sanjiv Singh.
While appreciating the combined efforts of Refineries Division team for displaying one of the best performances in recent years, Director (Refineries) said, “Despite high volatility in market, there will always be windows of opportunity for our refineries to capitalise on.”
Talking about Indian Oil’s dream project of Paradip Refinery, Singh said, “The defining event of the year 2015 was witnessing the safe commissioning of majority of the process units of our most ambitious venture so far.”
He highlighted that its INDMAX unit, an indigenous technology developed in-house by Indian Oil’s R&D Centre, is Indian Oil’s true tribute to the ‘Make in India’ initiative.