Indian Oil Corporation (IOC) recently announced an investment in a new crude oil pipeline system at an estimated at over Rs 9,000 crore. The investment will meet the enhanced capacity at the Panipat refinery. Sandeep Kumar Gupta, Director-Finance and CFO at IOC discussed this and outlook 2022 with CNBC-TV18.

For the full interview, watch the accompanying video.

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First Published:Dec 28, 2021 1:05 PM IST