India’s Hindustan Petroleum has bought two Nigerian crude grades for its 180,000-barrel-a-day Rajasthan refinery.
India’s Hindustan Petroleum Corporation has bought two million barrels of Nigerian crude for its new refinery in Rajasthan, adding another Asian destination for West African oil.
The purchase covers Nigeria’s Okwuibome and Utapate grades and was made through trader Glencore after a tender.
The cargo is expected to arrive in late September at the 180,000-barrel-a-day HPCL Rajasthan Refinery.
The price was not disclosed, and the companies involved do not normally comment on individual physical oil trades.
