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Adani Ports signs agreement with Indian Oil Corporation

08 Mar 2022 Evaluate

Adani Ports and Special Economic Zone (APSEZ) has signed an agreement with Indian Oil Corporation (IOC) towards augmentation of IOC’s crude oil volumes at Mundra. IOC shall expand its existing Crude Oil Tank Farm at APSEZ’s Mundra Port, thus enabling it to handle and blend additional 10 mmtpa crude oil at Mundra. This will support IOC’s expansion of its Panipat Refinery (Haryana).

Adani Ports and Special Economic Zone (APSEZ), a part of globally diversified Adani Group, is the largest integrated logistics player in India.

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