State-run oil refiner Mangalore Refinery and Petrochemicals Ltd (MRPL) has dismissed speculation suggesting that parts of its refinery operations were being shut down. The company clarified that its refinery is operating normally and there is no disruption to its production activities.
The clarification came after reports and rumours began circulating that the company might scale down or halt operations at certain refinery units. Responding to these claims, MRPL said that such reports are inaccurate and do not reflect the actual status of its operations.
According to the company, the refinery continues to function as usual and production activities are proceeding without any interruption. MRPL also emphasised that it has already secured adequate quantities of crude oil to ensure uninterrupted refinery operations in the coming period.
The company noted that arrangements for crude supply have been made in advance, allowing it to maintain a steady flow of raw materials required for refining. By doing so, MRPL aims to ensure stability in its production process and avoid any operational challenges linked to supply constraints.
The statement is expected to reassure stakeholders, including investors, suppliers and market participants, who may have been concerned by the reports of a possible shutdown. By addressing the issue directly, MRPL has sought to dispel confusion and reiterate that its refinery operations remain stable.
MRPL operates a major refinery in Mangaluru, Karnataka, which processes crude oil and produces a range of petroleum products supplied to the domestic market. The company is a subsidiary of Oil and Natural Gas Corporation (ONGC) and plays a significant role in India’s downstream oil sector.
With the latest clarification, MRPL has reaffirmed that its refinery is functioning as planned and that there are no immediate concerns regarding crude availability or operational continuity.
