Managing Director of NRL S K Barua tweeted, “NRL is importing 21TMT crude oil from Petronas through Haldia port to be rail freighted to Numaligarh for future processing. A step towards ensuring energy security.”
An official in the company stated, “The crude oil vessel MT S-Trader has sailed off from Miri Port of Malaysia on Tuesday and is expected to reach Haldia on May 12 Crude Oil is presently traded in the market in the range of 19 USD per BBL to 24 USD per BBL against normal crude oil average price of 50 to 55 USD / BBL. Crude oil price varies based on its characteristics.”
In June 2019, NRL had imported a similar quantity of Crude oil from Miri Port at Haldia and transported the same to Numaligarh by Rail thereby establishing a process whereby NRL can take advantage and import crude oil for processing in Refinery in favorable conditions.
The official added, “It would also save the depletion of indigenous Crude Oil to that extent that the Refinery processes from the Oil fields of Assam other than ensuring energy security”.
Union cabinet has already cleared 1,398 KM Crude oil pipeline from Paradip to Numaligarh and a 6 MMTPA, 654 KM Product pipeline from Numaligarh to Siliguri.
