IOC projects to be completed soon

VADODARA, Sept 3: Indian Oil Corporation Company Limited8217;s mega projects like the Panipat Refinery, diesel hydro-desulphurisation units at Haldia, and the Mathura Refinery, amounting to Rs 5,000 crore, are expected to be completed by 1998-99, according to executive director of Gujarat Refinery P S Rao.

Speaking at a function organised here to mark IOC8217;s Foundation Day on Tuesday, he said a coker at Digboi refinery was also expected to be completed by the year-end. Three on-going projects, were also likely to be completed by 2000.

He said Indian Oil had begun marketing its products and services abroad and was also operating Zambia National Oil Company8217;s oil terminal from Ndola.