ASIA

Russo-Indo consortium to build IOC pipeline

Indian Oil Corp (IOC) has awarded a contract to a consortium, made up of Russias OAO Stroytransga...

Under the terms of the contract, Essar will construct the pipeline with Stroytransgaz providing “technical assistance” and “special-purpose construction machinery”. The consortium has been given 11 months to lay the pipeline.

In a statement the Russian firm said, “The pipeline will have three sections of different pipe diameter: the first one of 258 km will have 14-inch diameter, the second 158-km section will have 12.75-inch diameter, and the third over a length of 272 km will have a diameter of 10.75 inches.”

“The Chennai-Trichy-Madurai pipeline is intended to move oil products from IOC’s Chennai refinery to the districts of Trichy and Madurai, all within the state of Tamil Nadu,” it added without divulging any further details.

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