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BPCL inks naphtha sales deal with Unipec: Report

30 May 2014 Evaluate

Bharat Petroleum Corp (BPCL) has reportedly signed a four-month naphtha sales deal with Chinese trading house Unipec.  As per deal, Unipec will lift a 35,000-tonne cargo each month from Kochi port from July to October, or a total of 140,000 tonnes during the four-month period. The deal was done at around $1.00 a tonne premium to the refiner's own pricing formula on a free-on-board (FOB) basis.

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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