The 344km-long, upcoming Paradip–Haldia project will be operated by Indian Oil. This onshore, product pipeline, with a maximum diameter of 18 inches, will start in Orissa (India) and ends in West Bengal (India).
The Paradip–Haldia project is expected to commence operations in 2022 and will be owned by Indian Oil.
During the period 2021-2025, the Paradip–Haldia project is expected to witness an estimated capex of $79.24m.
About Indian Oil
Indian Oil Corp Ltd (IOCL) is an integrated oil and gas company. The company conducts exploration and production of oil and natural gas, refining of crude oil, pipeline transportation and marketing of natural gas and petroleum products. It also manufactures and markets petrochemicals and has considerable operations in alternative energy. IOCL’s refined petroleum products include high speed diesel, jet fuel, light petroleum gas, gasoline, bitumen, heavy fuel oil, naphtha, lubricants and greases. The company conducts upstream operation in collaboration with other consortium partners both in India and other countries including the US, Canada, Gabon, Libya, Nigeria, Russia, Venezuela, Oman and the UAE. It is a Maharatna company of Government of India. IOCL is headquartered in New Delhi, India.
Information on the pipeline is sourced from GlobalData’s Oil & Gas Pipelines database that provides detailed information on all active and upcoming, crude oil, natural gas, petroleum products and Natural Gas Liquids (NGL) trunk pipelines globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.