Chennai Petro To Use High Sulphur Crude

Chennai Petroleum Corporation Ltd (CPCL), expects the yield from its high value distillates to increase by about 7 per cent and also process more high sulphur crude, by the end of its ongoing 3 mtpa expansion project. The expansion project at a cost of Rs 2,360 crore is almost complete.

Officials said CPCL would benefit when the difference between prices of high sulphur (Arab mix) crude and low sulphur (Brent) crude rose.

CPCL would be able to process more high sulphur crude costing less to produce the same quality end product as with low sulphur crude.