Shenoy confident of Barmer refinery success

Vol 20, PW 19 (15 Jun 17) News in Brief
     

Hindustan Petroleum director refineries Vinod Shenoy is confident there will be no more re-thinks on the viability of a 9m t/y refinery at Barmer in Rajasthan.

But sceptics might question his position given this project has been resurrected and dropped countless times since it was first suggested by former Congress chief minister Ashok Gehlot. Shenoy tells this report the proposed refinery will not be solely dependent on Cairn crude from RJ-ON-90/1.

"We will use oil from (Cairn's) Rajasthan fields till it is available," says Shenoy. "We will source heavy Arab grade crude." Shenoy adds the refinery is "not too far" from the coast so sourcing 50,000 b/d will be no problem.

In April (2017) HPCL and the Rajasthan government signed a revised MoU to build the refinery along with a petrochemicals complex at an estimated cost of Rs43,129cr ($7bn). "Both Delhi and the state government are backing this project," adds Shenoy.

"We have land, we have water and we're securing environmental clearance." Despite this, Shenoy declined to give a timeframe for the start of construction.