IOCL Exports Premium Fuel XP100 to Sri Lanka

Indian Oil Corporation Ltd. (IOCL) has marked a significant milestone by exporting its first-ever consignment of 100 octane premium fuel, XP100, to Sri Lanka. The high-quality fuel, designed for premium high-end vehicles, was shipped from the Jawaharlal Nehru Port Trust in Mumbai. This event highlights IOCL’s commitment to expanding its global reach and showcasing the quality of its products.

Flagging Off the Shipment

The inaugural shipment was flagged off by V. Satish Kumar, Director (Marketing) of Indian Oil, at the Jawaharlal Nehru Port Trust (JNPT), Nava Sheva, Navi Mumbai. Mr. Kumar emphasized the importance of this milestone, noting that this is the third product Indian Oil has taken offshore, underscoring the company’s potential to deliver high-quality products internationally.

Statements from Key Executives

Mr. Sujoy Choudhary, Director (Planning & Business Development) and Chairman of Lanka IOC, described the event as historic and highlighted the promotional schemes in place to ensure the product’s visibility and acceptance in the Sri Lankan market. The event was attended by notable figures including Mr. Girish Thomas, GM (Traffic) of JNPA, along with the Lanka IOC team, IndianOil employees, and port authorities.

About XP100

XP100, India’s first domestically developed 100 octane petrol, leverages IndianOil’s indigenous Octamax Technology. Tailored for high-end vehicles, it offers superior anti-knock properties, enhancing engine performance, faster acceleration, smoother drivability, and improved fuel economy. XP100’s advanced formulation reduces engine deposits and emissions in high compression ratio engines, optimizing vehicle performance and longevity while minimizing maintenance. Exceeding IS-2796 specifications, XP100 is also an eco-friendly fuel with significantly reduced tailpipe emissions.

About Lanka IOC

Lanka IOC (LIOC), a subsidiary of IndianOil in Sri Lanka, is the only private oil company managing retail outlets in the country. Established in 2003, it has become one of the largest listed companies in Sri Lanka. LIOC operates an extensive network of petrol and diesel stations and a highly efficient lube marketing network. Major facilities include an oil terminal, lubricant blending plant in Trincomalee, and fuels and lubricants testing laboratory. LIOC ensures energy security and supply stability for Sri Lanka and is listed on the Colombo Stock Exchange.