Friday, May 20, 2011

PM dedicates Bina Refinery to nation

In Madhya Pradesh, Prime Minister Dr. Manmohan Singh has dedicated to the nation, the Bharat-Oman Refinery at Bina in Sagar district on May 20.
State Governor Rameshwar Thakur, Chief Minister Shivraj Singh Chouhan, Union minister for Petroleum and Natural Gas Jaipal Reddy and other dignitaries including the Ambassador of Oman in India Sheikh Humaid Bin Ali Sultan Al-mani were present on the occasion.
Addressing the gathering, Dr. Singh said that the refinery is an example of cooperation between India and Oman in several areas.
He expressed hope that the relations between the two countries will be further strengthened in the near future.
Dr. Singh said, the Indian economy is growing at a rapid pace and India needs adequate energy at reasonable rates.
He said that India is self dependent in fulfilling its needs of refined energy and hydrocarbons found in different areas of the country would supply crude oil and gas to refineries.
The Prime minister said, that Bina refinery would benefit local people and provide job opportunities to them.
Addressing the function Union minister for Petroleum and Natural Gas Jaipal Reddy said the refinery will become a mile stone in the development of Madhya Pradesh.
Bharat-Oman Refinery, situated in Sagar district of Bundelkhand region is a joint venture of Bharat Petroleum Corporation and Oman Oil Corporation.
Its refining capacity is six million metric ton per annum. The project has an investment of 12 thousand crore rupees and would make fuel available that conform to stringent Euro III and Euro IV norms.
The major products to be churned out are petrol and diesel, avaiation turbine fuel, kerosene, naphtha and LPG. Under the project a 935 kilometer pipe line has been installed that will carry crude oil from Vaadinaar Gujrat to Beena.