Indian Oil defers Paradip refinery shutdown to March-April

Indian Oil Corp, the country`s top refinery, has delayed maintenance shutdown at its 300,000 barrels per day (bpd) Paradip refinery in eastern Odisha state to March-April, a company spokesman said on Friday.

IOC had earlier planned to shut the refinery for 20 days this month.

"Due to a major job at the hydrogen unit, the refinery will be shut for about 45 days in March-April, when we will carry out maintenance at other units as well," he said, adding that the shutdown has been deferred to meet local fuel demand.

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The plan to defer the turnaround at Paradip is aimed at helping the company meet government-set crude processing targets, two company sources said. IOC carried out extended and heavy maintenance at some refineries in the last two-three months.

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