Oil and Gas Sector – HELP, Open Acreage Policy, etc.

First high-octane fuel unit to come up at Mathura

  1. News: Petroleum Minister laid the foundation stone for India’s first Octomax unit at the Mathura refinery for the production of high-octane gasoline.
  2. Importance: Unit will be the first-of-its-kind in India addressing the emerging scenario in petroleum refining
  3. About Octomax: Novel technology developed in-house by R&D Centre of Indian Oil
  4. Involves: conversion of cracked C4 streams to high-octane gasoline blending stock for production of Euro-IV/V equivalent gasoline
  5. Way forward: Mathura refinery will play major role in meeting govt’s target of introducing BS-VI standards in petrol and diesel by 2020

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