Indian Oil Corporation (IOC) is in the process of revamping its Mourigram oil terminal to meet additional safety standards as per norms. The terminal is being revamped now as per the guidelines of Oil Industry Safety Directorate (OISD) even as adequate safety measures had been already taken. The entire exercise would take four to five years involving an expenditure of Rs 55 crore.
Indian Oil Corporation (IOC) is the largest enterprise in the country and the foremost ranked Fortune Global 500 Company in India and has presence in the complete hydrocarbon value chain from downstream refining & marketing, pipeline transportation, Petrochemicals, E&P and Gas Marketing.