Air Products (APD) has announced the signing of a long-term supply agreement with Indian Oil Corporation Limited (IOCL), India’s flagship national oil company. Air Products will build, own and operate (BOO) a new industrial gases complex supplying hydrogen, nitrogen, and steam to IOCL’s Barauni Refinery in Bihar, India.
The new industrial gas complex will aid IOCL’s capacity expansion from six to nine million tonnes per annum producing Euro-VI or BS-VI compliant gasoline and diesel at its Barauni complex. The industrial gas complex will include the latest generation multi-feed hydrogen production facility supplying 70,000 normal cubic meters per hour (Nm3/hr) of hydrogen as well as steam, and a high-efficiency air separation unit producing 4,000 Nm3/hr of nitrogen.
Air Products expects the new industrial gas complex for IOCL to come onstream in 2024. Once completed, the Barauni project will be Air Products’ second BOO project in India, after the Kochi Industrial Gas complex at BPCL’s Kochi Refinery.