IOC to Invest Rs 170 Crore in Strategically Vital Siliguri Oil Terminal
09.12.2018 - NEWS

September 12, 2018 [The Economic Times] - State-owned Indian Oil Corporation is going to invest Rs 170 crore in capacity augmentation at its Siliguri storage terminal that supplies fuel to a vast area and important defence establishments such as the 33 Corps.


With three mountain divisions, the corps has snow clad high-altitude Sino-Indian border within its responsibility area.

It is more of an operational, strategic step that we are taking to augment the capacity of this terminal,” said Dipankar Ray, IOC’s executive director and state level coordinator for West Bengal. “The main focus will be in reducing filling time of oil tankers with modernisation of equipment and systems related to loading,” Ray told ET.

The terminal serves the northern half of West Bengal and Sikkim. It also serves as the oil conduit for adjoining countries Bhutan and Nepal. But most importantly, it provides fuel to the Indian Army’s 33 Corps under the Eastern Command as well as the Indian Air Force bases at Bagdogra or Hasimara, in a region with four international borders, including the Sino-Indian border between Tibet and Sikkim.

With modern oil handling facilities, the Siliguri terminal is already declared a ‘Smart terminal’ with minimum manual handling required in its operation,” Said KK Bala, deputy general manager of the terminal.

To further boost it, now we will have a bottom-filling facility for tankers. Every day we fill up around 250 large oil tankers. With existing top-loading system, oil is poured into them from upside that causes spattering and takes around 30 minutes. With the bottom-filing facility, it can be done within 20 minutes,” he added. 

—————————-

TankTerminals.com – Research, Market and Expand Your Presence within the Tank Storage Industry. Learn more.

Enovos Announces FID on Luxembourg Green Hydrogen Project
06.15.2026 - NEWS
June 15, 2026 [Renewables Now]- Enovos announced that a final investment decision (FID) has been ... Read More
KPC Approves Egypt Gas Project, Output Set for Q4
06.15.2026 - NEWS
June 15, 2026 [Zawya]- Kuwait Petroleum Corporation (KPC) has approved an investment in a gas exp... Read More
Shell Pauses $3 Billion Share Buyback Ahead of ARC Acquisition Vote
06.15.2026 - NEWS
June 15, 2026 [Reuters]- Shell said ‌on Friday it was pausing its $3 billion share buyback prog... Read More
LyondellBasell to Shut Remaining PP Output at Brindisi
06.15.2026 - NEWS
June 15, 2026 [Argus Media]- Petrochemical producer LyondellBasell said it plans to close its rem... Read More