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HPCL buys 2 million bbl West African oil for Sept via tender, sources say

  • HPCL has bought 1 million barrels each of Nigerian grades Forcadoes
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By Reuters

NEW DELHI/SINGAPORE: 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.

HPCL buys West Africa crude for Rajasthan refinery, sources say

Pricing details were not immediately known.

Previosly, 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.

India oil markets Hindustan Petroleum Corp HPCL West African oil

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