Numaligarh Refinery to foray into crude exploration in Assam

Hellenic Shipping News | Aug 17, 2019 at 12:00 AM
  • North East India’s largest refiner Numaligarh Refinery Ltd on Thursday said it has firmed up plans to diversify into exploration of crude oil within the next few months.
  • Bharat Petroleum Corporation (BPCL) has 61.65 per cent stake in NRL, while Oil India and Assam government have 26 per cent and 12.35 per cent holding respectively.
  • The present authorised capital of the company is Rs 1,000 crore and paid up capital is Rs 735.63 crore.