Union Minister of Petroleum and Natural Gas & Housing and Urban Affairs launches AVGAS 100 LL, indigenously produced by IndianOil’s Gujarat Refinery
IndianOil becomes the first Oil Marketing Company to produce and market AVGAS 100 LL country.
AZIR KHOBOR, NEW DELHI, 27TH SEPTEMBER, 2022 : Shri Hardeep Singh Puri, Hon’ble Minister of Petroleum and Natural Gas & Housing and Urban Affairs in the presence of General (Dr.) V K Singh (Retd.) Hon’ble Minister of State for Civil Aviation and Road Transport and Highways, today launched AVGAS 100 LL, special aviation fuel meant for piston engine aircrafts and Unmanned Ariel Vehicles. Currently India is importing this product from European countries. The launch event hosted by IndianOil at Hindan Airforce Station witnessed participation by senior officials from Indian Airforce, senior officials from MoPNG and MoCA and officials from Flying Training Organizations (FTOs).
Launching the indigenous AVGAS 100 LL, Shri Puri said, “We are undergoing a remarkable transformation which is almost revolutionary. We are reducing dependence on imported fuels by promoting biofuel blending, green hydrogen and introduction of electric vehicles.”
Highlighting the importance of launch of indigenous AV GAS 100 LL, the Minister for Petroleum and Natural Gas mentioned that the launch of indigenous AV GAS 100 LL is important to serve the needs of a thriving aviation industry with increase in footfall on airports, rise in number of aircrafts and Flying Training Organisations (FTOs) in trainee aircrafts for pilot training in future. As the demand for air transport in India is expected to increase manifolds in the future, there is going to be a huge demand for trained pilots also. And for this, the number of FTOs is also expected to increase significantly, he added.
Speaking about the launch of indigenous AV GAS 100 LL, Gen. (Dr.) V K Singh (Retd.) Minister of State for Civil Aviation, and Road Transport and Highways said that Ministry of Petroleum & Natural Gas under the leadership of Shri Hardeep Puri has put efforts in launch of indigenous AV GAS 100 LL which we were importing before. Under Prime Minister’s Atmanirbhar Bharat vision IndianOil has come up with AV Gas 100 fuel which was imported so far at huge cost. It will ensure that all our flight schools and all other smaller aircrafts that use AV Gas 100 LL are able to buy this from indigenous sources and save money. It will make huge difference to us in terms of exporting it to areas and countries which need AV Gas 100 LL fuel, he added.
Shri Shrikant Madhav Vaidya, Chairman, Indian Oil said,“Indian Oil is proud to introduce this specialised fuel by leveraging our refining strength and in-house expertise. In fact the indigenous fuel is superior compared to the imported grades. AV Gas market is expected to grow from the current $1.92 billion to $ 2.71 billion by 2029. We plan to set up a new facility soon to target export opportunities, besides catering to the domestic demand. I am confident that the superior quality we offer, combined with competitive pricing, will give us a significant edge in the global market and open a new chapter in India’s journey of self-reliance.”
The move towards AatmaNirbhar Bharat :
At present AVGAS 100 LL is completely imported product. The domestic production of AVGAS 100 LL produced by IndianOil at its Gujarat Refinery will make flying training more affordable in India. This product which fuels the aircraft operated by FTOs and Defense forces, is being imported for decades by India. Indian Oil’s R&D, Refineries and Marketing teams have achieved this feat of indigenous production and have offered price advantage to the industry.