Mangaluru, Nov 20, 2019: Mangalore Refinery and Petrochemicals Limited (MRPL) opted to export the ultra low sulphur diesel after the domestic demand scenario for diesel was found to be at an ebb, sources in the MRPL said. The company had begun the production of ultra low sulphur diesel and petrol from its refinery complex in Mangaluru.
Company officials stated that they had successfully loaded the first export shipment of ultra low sulphur grade diesel at a premium. The company was making all efforts to maximise the domestic movement, including the coastal movement.
MRPL expects the domestic demand of diesel to recover, leading to reduced exports. The domestic public sector oil-marketing companies (OMC) have planned to lift the BS VI grade diesel coastally and through the Mangaluru-Bengaluru Pipeline in December 2019 with a view to flush the system with ultra pure products before launching retail sales to customers by April 1, 2020.
The company clarified that, as a part of the expansion plans, the acquisition of land had begun through the KIADB . The project is under detailed techno-economic feasibility, subject to necessary regulatory and investment approvals and is awaiting environmental clearance.