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BPCL seeks LPG via term deal and spot gasoline in rare move

Reuters  |  SINGAPORE 

SINGAPORE (Reuters) - Indian Bharat Petroleum Corp Ltd is seeking liquefied petroleum gas (LPG) through a term contract and gasoline via a spot deal in a rare move as it looks to plug a supply gap, an industry source who tracks oil products said on Thursday.In tender documents seen by Reuters, two separate tenders showed the refiner which operates refineries in Kochi and Mumbai was looking to buy a total of 440,000 tonnes of LPG for April 1, 2019 to March 2020 arrival at Dahej/Haldia or Dahej/Mangalore and 35,000 tonnes of 91.5-octane grade gasoline for March 1-12 arrival at Kochi. BPCL does ...

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First Published: Thu, February 07 2019. 17:43 IST