| Date: |
17-05-2014 |
| Subject: |
Bharat Petroleum signs crude oil import deals with UAE, Kuwait |
|
NEW DELHI: Indian refiner Bharat Petroleum Corp has signed a deal with ADNOC, national oil company of the United Arab Emirates, to import 60,000 barrels per day (bpd) oil in 2014/15, a company statement said on Friday.
State-run BPCL, along with its subsidiary Bharat Oman Refineries Ltd (BORL), has also signed a deal with Kuwati Petroleum Company to buy 84,000 bpd oil in the fiscal year to March 31, 2015, it said.
BPCLBSE operates a 2,40,000 bpd Mumbai refinery in western India and a 1,90,000 bpd Kochi refinery in the south of the country.
It also has majority stakes in the 60,000 bpd Numaligarh refinery in northeast India.
BORL, majority owned by BPCL, operates a 1,20,000 bpd Bina refinery in central India. Oman Oil Company has a minority stake in BORL.
Source : economictimes.indiatimes.com
|