In continuation of the earlier disclosure relating to the supply of crude oil from the B-80 field to HPCL, Hindustan Oil Exploration Company has informed that the resale of B-80 crude oil cargo to a third-party buyer has begun. B80 crude is stored in the HPCL - Mumbai Refinery storage tanks, commingled with other crudes. The Company and HPCL continue to engage constructively and are working towards an amicable resolution of the matter.
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The above information is a part of company’s filings submitted to BSE.
