India's state-run Hindustan Petroleum Corp has bought two million barrels of West African oil through a tender for September delivery, two trade sources who participate in the market said on Thursday.HPCL has bought 1 million barrels each of Nigerian grades Forcadoes and Bonga from trader Shell for its 300,000 barrels per day Vizag refinery in the southern state of Andhara Pradesh, they said.Pricing details were not immediately known.Also Read: HPCL invites LNG suppliers for spot and long-term import dealsPreviosly, HPCL bought two million barrels of oil from West Africa for its 180,000 barrel-per-day (bpd) refinery in the desert state of Rajasthan.The companies do not typically comment on their trade.
Hindustan Petroleum buys 2 million bbl West African oil for Sept via tender, sources say
Hindustan Petroleum Corp has purchased two million barrels of West African crude oil. This significant purchase is scheduled for delivery during the month of September. The state-run company acquired one million barrels each of Nigerian Forcadoes and Bonga grades. These oil shipments are destined for its Vizag refinery located in Andhra Pradesh. Previously, HPCL had also secured two million barrels of West African oil.
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