Question

Which city has Bina Refinery, also known as Bharat Oman Oil Refinery, a joint venture between Oman Oil Corporation and Bharat Petroleum Corp?
1. Satna
2. Ujjain
3. Chanderi 
4. Sagar

Answer 1

Correct Answer - Option 4 : Sagar

The correct answer is Sagar.

• Bharat Petroleum Corp. Ltd. has bought out joint-venture partner OQ SAOC (formerly known as Oman Oil Co. SAOC) to take 100% ownership of equity share capital in Bharat Oman Refineries Ltd. (BORL), which includes the 7.8-million tonnes/year refinery at Bina, Madya Pradesh, India.
• BPCL previously held 63.38% interest in this Joint-venture.

• Bharat Oman Refineries Limited (BORL) is an Indian company that owns and operates Bina Refinery, located at Bina in the Sagar district of the state of Madhya Pradesh in India.
• The company was incorporated as a joint venture between Bharat Petroleum Corporation (BPCL) and Oman Oil Company Ltd (now OQ).
• The Bina Refinery was commissioned in May 2011 with an annual capacity of 6 million tonnes.
• The capacity of the refinery was further enhanced to 7.8 million tonnes per year in 2018.