Mangalore refinery to get second parcel of Mangala crude
October 28th, 2009 - 10:54 pm ICT by IANS ( Leave a comment )New Delhi, Oct 28 (IANS) Mangalore Refinery and Petrochemical Ltd (MRPL), a unit of the state-run Oil and Natural Gas Corp (ONGC), will receive the second parcel of crude from Cairn India’s Mangala fields early next month.
“We will get the second parcel in the first week of November, and the third parcel end-November or early December,” MRPL managing director U.K. Basu said Wednesday.
Only after processing all three cargos, MRPL will be able to evaluate if the crude was successful or not, he said.
Basu said MRPL was mixing the Mangala crude with Bombay High Crude in a ratio of 1:4.
The company Wednesday announced good results for the second quarter ending Sep 30, as it posted a net profit of Rs.180 crore in the like period last year.
But, turnover dipped by 39 percent to Rs.8,932 crore this year from Rs.14,662 crore last year.
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- MRPL posts six-fold increase in profit - Jul 26, 2011
- First parcel of Mangala crude reaches Mangalore Refinery - Oct 09, 2009
- Cairn to begin oil production from Rajasthan this month - Aug 02, 2009
- Mangalore Refinery net at Rs.259 cr in third quarter - Jan 19, 2010
- Mangalore Refinery to raise Rs.4,000 crore for expansion (Lead) - Jan 19, 2010
- MRPL signs $2 billion fuel supply deal to Mauritius - Jul 01, 2010
- ONGC refiner net down 6.3 percent - May 27, 2009
- ONGC second quarter net up 5.8 - Oct 29, 2009
- Murli Deora expresses grief over Mangalore crash - May 22, 2010
- Government assures refiners for Cairn's crude - Aug 29, 2009
- Mangalore Refinery net down 92.4 percent - Oct 27, 2008
- Cairn Energy tells Indian arm to accept government terms - Aug 23, 2011
- Cairn India starts crude sales through pipeline - Jun 15, 2010
- PM to launch Cairn's Mangala production Saturday - Aug 26, 2009
- ONGC to start two petrochemical projects by 2013 - Aug 30, 2011
Tags: bombay, cairn india, crore, managing director, mrpl, natural gas corp, net profit, New Delhi, ongc, petrochemical, refinery, rs 180, rs 8, second quarter, turnover
