Wednesday, 27 January 2016

Battle of wits between PNGRB and Ministry over CCK pipeline: Who will blink first?

A battle of wits is on between the PNGRB on one hand and  BPCL and the petroleum ministry on the other over the regulator's insistence on bestowing a common carrier status on 22% spare capacity in the Cochin Coimbatore Karur petroleum product pipeline.
8While PNGRB is bent on declaring it a common carrier, HPCL has argued that the pipeline is meant to evacuate additional production from the Kochi refinery, which is expanding its capacity from 9.5 to 15.5 MMTPA..http://goo.gl/WNluOb

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