All
 

 

Just in:  

You are here: Home»World»South Asia»Fire breaks out at Indian Oil depot

fire3NEW DELHI: A fire erupted and spread at a fuel storage terminal of state-run Indian Oil Corp in Hazira in Gujarat state on Saturday, a company executive said, an incident which may force India's largest refiner to import fuel.

 

No casualties were reported from the fire, whose cause was not immediately clear. The Hazira terminal has nine storage tanks - five gasoline and four diesel.

 

The tank where the blaze started had about 5,000 kilolitres of gasoline, almost half of its capacity, when it caught fire.

 

"Because of wind the fire has spread to another petrol tank. We can see smoke coming out of second petrol tank as well. It had substantial volumes," said N Srikumar, executive director at the company.

 

Srikumar had said earlier that Indian Oil was looking into the cause of the fire that broke out in the afternoon and that authorities were trying to cool the other tankers at the depot by sprinkling water on them.

 

Indian Oil, which meets about half of the country's domestic fuel demand, along with its subsidiary, Chennai Petroleum Corp (CHPC.NS), control 10 refineries accounting for about 31 percent of the national capacity of 4.3 million barrels per day (bpd).

 

Center>Copyright Reuters, 2013


 



 
Index Closing Chg%
Arrow DJIA 16,461.32 0.92
Arrow Nasdaq 4,382.85 0.83
Arrow S&P 1,927.11 0.73
Arrow FTSE 6,399.73 0.43
Arrow DAX 8,940.14 0.60
Arrow CAC-40 4,105.09 0.58
Arrow Nikkei 15,195.77 2.64
Arrow H.Seng 23,403.97 1.37
Arrow Sensex 26,787.23 0.80





where to buy

cheap wedding dresses

online - weddingdresstrend.com


Banking Review 2013


Buy new style hair wigs at cheap price on Ishowigs.com

Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 20, 2014
Reserves $13.436 bln