You are here: Home » Companies » News
Business Standard

BPCL plans to buy US crude oil for first time via 1-million-barrel tender

Part 1 of the tender closes on July 11 and part 2 on July 14

Reuters  |  Singapore 

Indian refiner Bharat Petroleum Corp Ltd plans to buy its first ever cargo of crude oil from the United States, a tender document showed on Monday. BPCL is seeking at least 1 million barrels of crude either for loading on Aug. 16-Sept.5 or delivery on Sept. 26-Oct. 15, it said.   ALSO READ: In a first, IOC to buy crude from US in 2-million-barrel deal Part 1 of the tender closes on July 11 and part 2 on July 14. Offers will remain valid until July 14.

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Mon, July 10 2017. 09:43 IST
RECOMMENDED FOR YOU