HPCL buys 2 mn bbl W African oil for Sept
India's state-run Hindustan Petroleum Corp has bought two million barrels of West African oil through a tender for September delivery, two trade sources who participate
India's state-run Hindustan Petroleum Corp has bought two million barrels of West African oil through a tender for September delivery, two trade sources who participate in the market said on Thursday.HPCL has bought 1 million barrels each of Nigerian grades Forcadoes and Bonga from trader Shell for its 300,000 barrels per day Vizag refinery in the southern state of Andhara Pradesh, they said.Pricing details were not immediately known.Also Read: HPCL invites LNG suppliers for spot and long-term import dealsPreviosly, HPCL bought two million barrels of oil from West Africa for its 180,000 barrel-per-day (bpd) refinery in the desert state of Rajasthan.The companies do not typically comment on their trade.
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