IOC to invest Rs.7, 700 crore for pipelien network expansion

Indian Oil Corporation (IOC) will invest Rs 7,700 crore to expand its pipeline network by 2015. It plans to lay more than 20 new pipelines to expand its network from 10,900 km to 15,000 km.

Currentlt the company is implementing number of projects in the pipelien segment as follows:

Aintegrated offshore crude oil handling facilities at Paradip in Orissa, de-bottlenecking of Salaya-Mathura-Pipeline, Paradip-Raipur-Ranchi product pipeline, Paradip-Haldia-Budge-Budge-Durgapur LPG pipeline, Viramgam-Kandla pipeline, construction of additional crude oil storage tanks at Vadinar in Gujarat, Patna-Raxual-Baitalpur pipeline and dedicated ATF pipelines connecting Kolkata, Guwahati and Delhi (T-3) airports.