Indian Oil Corporation Ltd.

- The Mathura Refinery

Indian Oil Corporation

It is an Indian state-owned oil and gas corporation incorporated in 1959 with its headquarters in New Delhi, India Ranked 226 in Fortune Global 500 in 2001 Indian Oil operates the largest and the widest network of fuel stations in the country numbering about 20,575 Supplies Indane cooking gas to over 66.8 million households through a network of 5,934 Indane distributors. In the year 2001/02, IOCL had a turnover of Rs.1,149 billion with a net profit of Rs.29 billion

The Mathura Refinery

Mathura Refinery, the sixth refinery of Indian Oil was commissioned in 1982 with a capacity of 6.0 MMTPA to meet the demand of petroleum products in north western region of the country. Refinery is located along the Delhi-Agra National Highway about 154 KM away from Delhi. Mathura Refinery has planted 1,67,000 trees in surrounding areas including refinery & township and 1,15,000 trees in Agra region around Taj Mahal. The Ecological Park which is spread across 4.45 acres, is a thriving green oasis in the heart of sprawling Refinery.

SWOT Analysis of IOCL

Strengths
India's largest commercial enterprise with a strong brand name Operates 10 refineries in India Accounts for a 47% share in the petroleum products market ,34.8% share in refining capacity and a 67% downstream sector pipelines capacity in India

Huge distribution network through retailing

SWOT Analysis of IOCL

Weakness Legal Issues Employee Management Bureaucracy

Volatility in the crude market & subsidy burden

SWOT Analysis of IOCL

Opportunities Increasing fuel/oil prices Increasing Natural Gas market More oil well discoveries

Expand export market

SWOT Analysis of IOCL

Threats Government Regulations

High competition from Bharat Petroleum, Hindustan Petroleum, Reliance Industries and ONGC

Current Status of Mathura Refinery

At present it has the capacity of processing 8.0 MMTPA of crude oil. Mathura refinery is being considered for expanding capacity 11.0 MMTPA Secondary units such as Once Through Hydro-cracker unit (OHCU), Catalytic Reforming Unit (CRU), new Sulphur Recovery unit (SRU),etc were integrated in the refinery configuration. This changes in the configuration of the Refinery were made so that there is minimal impact on the environment.

Current Status of Mathura Refinery

The Refinery enjoys the distinction of being the first refinery in India capable of producing 100% auto fuels that meets Euro - III norms. The refinery was in the news for allegedly causing the white marble of the Taj Mahal to yellow. Mathura Refinery is planning to undertake a massive plantation programme

Contribution of IOCL in Refineries

Indian Oil controls 10 of Indias 22 refineries. Highest ever crude throughput of 55.62 Million Metric Tonnes (MMT) surpassing the previous best of 52.96 MMT recorded in 2010-11. Distillate yield touched a record level of 77.8 per cent and the refineries achieved the lowest MBN (indicating the combined energy utilization factor) Currently constructing a major 15 MMTPA green-field refinery project in Paradip, Odisha.

Contribution of IOCL in Refineries

The Corporation has commissioned several grassroot refineries and modern process units. Indian Oil refineries have an ambitious growth plan with an outlay of about Rs. 55,000 crore for capacity augmentation, de-bottlenecking, bottom upgradation and quality upgradation. Several Clean Development Mechanism projects have also been initiated.

By: Mithun 1011006