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