Indian Oil Corporation (IOC) has signed an agreement with Adani Ports and Special Economic Zone (APSEZ) 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).
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.
