News Update

COVID-19: Oil & gas PSUs help in oxygen transportation

By TIOL News Service

NEW DELHI, MAY 11, 2021: STATE-OWNED oil and gas companies are working to find transportation solutions for liquid oxygen as the country combats the second wave of the COVID-19 pandemic, the Ministry of Petroleum and Natural Gas said on Tuesday.

Presently, there are 12 tankers and 20 ISO containers with the capacity of 650 tonne and the companies have placed orders for more. "The figure is going to improve substantively, with the numbers likely to go up to 26 tankers and 117 ISO containers by the end of this month, with the capacity of 2314 tonne," it added.

While plans are to purchase 95 ISO containers with a capacity of 1,940 tonne, orders have already been paced for 30 containers while negotiations are underway for the remaining.

The Public Sector Units (PSUs) have also placed orders for 10,000 cylinders of 40 to 50 litre capacity and 300 cylinders of larger capacity, 150 of 500 litre and 150 of 450 litre.

The companies are also importing liquid oxygen, with 900 tonne coming in on gratis basis from Bahrain, UAE, Saudi Arabia, Kuwait and Thailand. In addition, 12,840 tonne of liquid oxygen is being imported commercially.