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Paradip refinery set to restart

Oil

The Indian Oil Corporation (IOC) is set to restart crude processing at its 300K b/d Paradip refinery later in August, Argus reports. The IOC started test runs at its facility in April but this lasted for only two weeks as the crude unit was closed for further technical configuration. Mexican heavy Maya crude is expected to make up half around half of its feedstocks when it begins full operations.