BPCL eyes at exporting fuel amid resultant fall in diesel demand

11 Nov 2019 Evaluate

Bharat Petroleum Corporation (BPCL) is looking at exporting the fuel, amid the deepening slowdown and the resultant fall in diesel demand. The company will shortly float a tender for this. The company saw a demand for its diesel falling 2.4 percent in the second quarter, while the industry saw volume falling 2.5 percent.

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.

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