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IndianOil exports first consignment of AVGAS 100 LL to Papua New Guinea
Updated On: 28 January, 2023 08:43 PM IST | Mumbai | mid-day online correspondent
In India, until very recently, AVGAS 100 LL fuel primarily used by Flying Training Organisations (FTOs) and Defence forces was imported at a huge cost from European countries for decades
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Principal grade of Aviation Gasoline, AVGAS 100 LL is designed for use in reciprocating piston engines aircrafts, mainly used by FTOs and defence forces for training pilots. Pic/IndianOil
The first export consignment of AVGAS 100 LL to Papua New Guinea from GTI Terminal of JNPT was flagged off on Saturday by the chairman of IndianOil – S M Vaidya. A press release by IndianOil mentioned that the consignment consisted of 16 KL of AVGAS packed in 80 barrels and that this was the first ever instance of India exporting AVGAS.
Speaking on the occasion, Vaidya said that IndianOil is fully geared to explore the possible business avenues opened up with manufacturing of this product. Vaidya said this while citing projected growth numbers of the global aviation gasoline market and aviation traffic. “The global aviation gasoline market is projected to grow at 5% CAGR. The Aviation traffic in India is also likely to grow by 7%,” he said.
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