Chennai Petroleum restarts 2 crude units at Manali refinery

Image
Reuters NEW DELHI
Last Updated : Dec 10 2015 | 12:28 PM IST

NEW DELHI (Reuters) - Chennai Petroleum Corp Ltd has restarted two crude units or about 57 percent of its 210,000 barrels per day (bpd) crude processing capacity at Manali refinery in the state of Tamil Nadu, a company spokesman said on Thursday.

Chennai Petroleum had last week shut its Manali refinery due to heavy floods in the southern state.

"We are starting units in phases and we hope all units will be operational by end of the week," the spokesman told Reuters.

He said the crude units that were started last evening have a combined capacity of about 120,000 bpd.

The company had also shut its 20,000 bpd Nagapattinam refinery on Sunday night, it said in a stock exchange filing.

The spokesman said no decision has yet been taken on the resumption of operations at Nagapattinam plant as "weather condition is bad and before start-up we have to move out refined fuels stock from the refinery".

Chennai Petroleum is a unit of the country's biggest refiner, Indian Oil Corp .

(Reporting by Nidhi Verma; Editing by Sunil Nair)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 10 2015 | 12:10 PM IST

Next Story