New Delhi: Numaligarh Refinery Limited (NRL) and Bharat Petroleum Corporation Limited (BPCL) today signed a Master Agreement to establish a dedicated Crude Oil Procurement Cell at NRL. The initiative aims to streamline crude sourcing and product evacuation from the additional 6 MMTPA capacity being added under the Numaligarh Refinery Expansion Project (NREP).
Dedicated Crude Procurement Cell to Enhance Operational Efficiency
Under the agreement, BPCL will leverage its extensive expertise in international trade to provide capacity building and handholding support to NRL. This collaboration will enable efficient import of crude oil and export of petroleum products from the expanded refinery, ensuring smooth operational flow and better integration with global supply chains.
The dedicated cell is expected to play a crucial role in optimizing procurement strategies, reducing costs, and improving timelines for crude sourcing, thereby supporting the refinery’s enhanced capacity and strategic growth objectives.
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High-Level Signatories Highlight Strategic Collaboration
The agreement was signed by Manoj Heda, Executive Director (International Trade), BPCL, and Pratul Kumar Saikia, Senior Chief General Manager (Finance), NRL. The ceremony was attended by NRL Managing Director Bhaskar Jyoti Phukan, Director (Finance) Sachidananda Maharana, and senior officials from both companies.
This partnership reflects a broader effort by oil PSUs to deepen collaboration and synergize operations, aligning with national goals of energy security, Make in India, and Atmanirbhar Bharat.
About Numaligarh Refinery Limited (NRL)
Numaligarh Refinery Limited is a prominent public sector oil refinery headquartered in Assam. Known for its commitment to operational excellence and regional development, NRL plays a key role in India’s energy sector and contributes significantly to the national economy. The company’s ongoing expansion projects, including the 6 MMTPA increase under NREP, underscore its vision to strengthen refining capacity while supporting sustainable growth and technological advancement.
About Bharat Petroleum Corporation Limited (BPCL)
Bharat Petroleum Corporation Limited, a leading public sector oil company, is engaged in refining, marketing, and distribution of petroleum products across India and globally. BPCL brings expertise in international trade, crude sourcing, and product exports, supporting collaborations with other oil PSUs to enhance energy security and operational efficiency. The company is a key player in India’s energy infrastructure, contributing to strategic initiatives like Make in India and Atmanirbhar Bharat.
