Receipt of First Parcel of OVL Equity Crude ‘Das Blend’ from Abu Dhabi to MRPL

8th June 2018

Shri Shashi Shanker, Chairman MRPL and ONGC Group companies visited MRPL on 8.6.2018. Shri NK Verma, MD, OVL also accompanied the Chairman. A meeting was held in Board Room with the senior management personnel and later had a press conference with the media personnel at Hotel Goldfinch in the evening.

The first equity cargo of OVL of about 6,90,000 barrels of ‘Das blend’ crude oil from Abu Dhabi arrived in the ship MT WAFRAH at Jetty No. 11 of NMPT. ONGC Videsh Ltd. had got a stake to develop the oil reserves at Abu Dhabi and it was the first time that Indian oil and gas companies have been given a stake in the Abu Dhabi’s hydrocarbon resources. The agreement had been signed in Abu Dhabi on 10th February 2018 in the presence of Hon. Prime Minister of India. This sale to MRPL further demonstrates the commitment of the ONGC Group in enhancing the energy security for the nation. On 9th June 2018, in a brief programme arranged on board the vessel MT WAFRAH, MD - OVL handed over the crude bottle to MD - MRPL in the presence of Chairman, MRPL and ONGC Group companies.