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Ports | July 08, 2009
#1014

HDC crude cargo target in limbo after Haldia-Paradip pipeline starts

After the Haldia Dock Complex has set a target of 42.7 million tonne, the Kolkata Port Trust(KoPT) has written twice to the Union Shipping ministry to revise downward its cargo targets for the fiscal as the port will lose crude cargo the Paradip-Haldia pipeline.

 

This pipeline has started the trasnport of crude, and the Indian Oil Corporation(IOC) has indicated that it will shift eight million tonne cargo to the pipeline. According to sources in KoP, they have retained their crude cargo target of 16 million tonne for Haldia from last year out of which 12 million tonne is crude and the remaining 4 million tonne is petro products.

 

The Kolkata Dock System (KDS) has not handled any crude traffic in the first three months of the year, it usually picks up after October.

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