PROCESS INNOVATION AND AUTOMATION AT OIL TERMINALS
In an era of thinning margins and little product differentiation, oil marketing companies need to focus on innovative technologies to remain ahead of the curve. Indian Oil Corporation has automated oil terminals, in a bid to improve the bottom-line and top-line by re-engineering the field process to remove any inefficiency and improve availability and correctness of data at the terminals. Oil terminals act as product distribution hubs and handle receipt, storage and dispatch of various petroleum products like petrol, diesel, LPG, Bitumen, lubricants and petrochemicals. Operations at terminals are extremely critical as they are directly linked to the availability of product retail as well as industrial consumers. The automation has helped increase transparency, reduce inefficiencies and ensure optimum utilisation of resources by making real-time data available at all stages to help business analytics.