Real Assets
PSU major eyes markets in neighbouring countries, Far East; aims at 100% capacity utilisation in FY20. : Oil marketing major Indian Oil Corporation Ltd (IOCL) has started exporting products to countries like Bangladesh, Sri Lanka, Malaysia, Singapore and Myanmar from its 15-million-tonne crude oil refinery at Paradip. “The products exported from the refinery include naphtha, diesel, motor spirit and aviation turbine fuel. We are looking at exporting the products to Far East countries and neighbouring countries also. We aim to achieve 100 per cent capacity utilisation in the next financial year,” said a senior official of IOCL.

In this article