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BPCL inks crude oil import deal with ADNOC

17 May 2014 Evaluate

Bharat Petroleum Corp (BPCL) has inked a deal with ADNOC, national oil company of the United Arab Emirates, to import 60,000 barrels per day (bpd) oil in 2014/15. The company, along with its subsidiary Bharat Oman Refineries (BORL), has also inked a deal with Kuwati Petroleum Company to buy 84,000 bpd oil in the fiscal year to March 31, 2015. The company operates a 2,40,000 bpd Mumbai refinery in western India and a 1,90,000 bpd Kochi refinery in the south coast of the country.

BPCL is into exploration, production and retailing of petroleum and petrol related products. The retail business unit of BPCL is into marketing of petrol, diesel and kerosene

Peers
Company Name CMP
Reliance Industries 1186.10
Indian Oil Corpn. 130.70
Bharat PetroleumCorp 296.50
HPCL 343.10
MRPL 172.60
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