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MRPL to shut crude oil unit from April 1: Report

23 Mar 2016 Evaluate

Mangalore Refinery and Petrochemicals (MRPL) is reportedly set to shut a crude oil unit that can process 180,000 barrels of oil per day (bpd) for a about a week from April 1 for maintenance. The refiner, which operates a 300,000 bpd coastal refinery in southern India, will also shut a diesel hydrotreater for about two weeks from April 1.

ONGC Mangalore Petrochemicals (OMPL) will also carry out maintenance at its continuous catalytic reformer and linked naphtha hydrotreater for about two weeks due to the shutdown of the crude unit.

MRPL holds a 51 per cent share in OMPL, while its parent company - Oil and Natural Gas Corp - holds the remaining stake.

Peers
Company Name CMP
Reliance Industries 1188.00
Indian Oil Corpn. 128.60
Bharat PetroleumCorp 289.70
HPCL 334.65
MRPL 173.80
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