Money News

IOC to shut Haldia crude unit in Jun-Jul - source

NEW DELHI (Reuters) - State-run Indian Oil Corp plans to shut a 72,000 barrels per day crude unit at its Haldia refinery in eastern India for about 25 days in June-July, a company source said on Monday.

IOC recently raised the capacity of its Haldia refinery by 25 percent to 150,000 barrels per day (bpd).

Besides the crude unit, the firm also plans to shut vacuum distillation unit (VDU) and a catalytic reformer for about 25 to 30 days in June-July, said the source, who did not wish to be identified as he is not authorised to speak to media.

Annual capacity of the reformer is about 216,000 tonnes, VDU about 1.3 million tonnes and kerosene hydro desulphurisation unit of about 600,000 tonnes.

No comment was immediately available from IOC.

“We will carry out maintenance and inspection of all the units during shutdown. We have to do some furnace maintenance job and regenerate catalyst of the kerosene desulphurisation,” he added.

IOC operates about 10 refineries across India with a total capacity of more than 1.2 million barrels per day.

Reporting by Nidhi Verma; Editing by Aradhana Aravindan