In the case of deceased employees, it also announced that it would provide employment to the next of the kin.
Meanwhile, chief minister N Chandrababu Naidu, who rushed to the blast site yesterday, ordered a judicial enquiry.
The management of Gulf Oil also said that the possible cause of the accident was being investigated from its side.
The forensic and clues teams of the police department today visited the blast site as part of their investigation. The condition of the one of the injured is said to be critical.
The company in a statement said that it had always ensured stringent safety practices and this was the first incident of its kind.
