Tuesday, January 22, 2008

MRPL, Shell form JV to supply ATF

New Delhi: Mangalore Refinery and Petrochemicals Ltd, a unit of state-run Oil and Natural Gas Corp, on Monday entered into an agreement with Shell Aviation to supply aviation turbine fuel (ATF) at Bangalore and Hyderabad airports.
The MRPL-Shell joint venture will later market and supply aviation turbine fuel (ATF) at other Indian airports, a MRPL press release said here.
"The companies will provide complimentary services and strengths to the joint venture; MRPL will bring its expertise and supply of high quality products, and Shell Aviation will bring its global brand, network and customer base in addition to stringent q uality control procedures," it said.
Together, the companies will offer a compelling co-branded global refueling offer to both Indian and international airlines. The agreement will become effect early in 2008.
21/01/08 Business Line
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