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India's IOC buys U.S. Light Louisiana Sweet oil via tender

Reuters  |  NEW DELHI 

(Reuters) - India's top refiner Corp has bought 2 million barrels of U. S. Light Sweet (LLS) via a tender for April delivery, its head of A.

K. Sharma said on Thursday.

This is the first purchase of by an Indian refiner.

has purchased the sweet from Trafigura, he said.

will import the cargo at the eastern

will process the at its Mathura and Barauni refineries, he said.

This is the third purchase of the U. S. by IOC, Sharma said.

(Reporting by Nidhi Verma; Editing by Mark Potter)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, January 11 2018. 22:12 IST