IndianOil Refineries have targeted to process 55 MMT crude during the new fiscal year. The state-of-the-art Paradip Refinery will be added to IndianOil group along with Guwahati, Barauni, Gujarat, Haldia, Mathura, Panipat, Digboi and Bongaigaon. This was disclosed by Sanjiv Singh, director (refineries) of IndianOil while addressing the employees. Singh said that refineries will be having their share of opportunities to realise increase in GRM and overall profitability, while maintaining highest standards of customer satisfaction. “Refineries have to be ready. IndianOil will always have the advantage of having a cluster of refineries to maintain supplies in all times,” he said. IOCl refineries achieved crude of 53.61 MMT during the year 2014-15 with a capacity utilisation of 98.9 per cent. The refineries achieved the best combined distillate yield of 78.9 per cent during the year. With focussed efforts towards energy conservation, refineries have achieved best ever overall specific energy consumption at 54.5 MBTU/BBl/NRGF (MBN).