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BPCL seeks more May-loading crude
Bharat Petroleum Corp (BPCL), India's second-largest refiner, has issued another tender to buy May-loading crude, according to a copy of the tender document seen by Reuters on Friday.
Bharat Petroleum Corp (BPCL), India's second-largest refiner, has issued another tender to buy May-loading crude, according to a copy of the tender document seen by Reuters on Friday.
Grade offers in the tender are due by March 24, price offers by March 25, with both remaining valid until March 26, the document said. It specified a list of crude grades including EA, Amenam, Cossack and Zafiro.
In an earlier tender for May crude, Bharat bought 4 million barrels of sweet crude oil via tender for loading in May, trade sources said on Wednesday.
BPCL operates a 240,000-bpd refinery in Mumbai as well as a 190,000-bpd refinery in the southern Indian state of Kerala, run by subsidiary Kochi Refineries Ltd.
The state-owned firm also owns a majority stake in a 60,000-bpd refinery in northeast India.
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