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BPCL to get first Iraqi crude cargo as Hormuz disruption persists
Bharat Petroleum Corporation will soon receive its first Iraqi crude oil shipment. This move aims to secure supplies while facing disruptions in the Strait of Hormuz. The company is also open to purchasing more Gulf crude on a free-on-board basis. BPCL plans a ship-to-ship transfer of the Iraqi cargo near Fujairah. This diversification strategy helps maintain essential fuel supplies for the nation.
Raccontata da
economictimes.indiatimes.com
Timeline cronologica
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BPCL explores buying Gulf oil on FOB basis, lifts Iraqi oil
Bharat Petroleum Corp expects its first Iraqi oil cargo soon and seeks more Gulf oil. The company is willing to lift oil from inside the Strait of Hormuz. New US legislation…
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BPCL to get first Iraqi crude cargo as Hormuz disruption persists
Bharat Petroleum Corporation will soon receive its first Iraqi crude oil shipment. This move aims to secure supplies while facing disruptions in the Strait of Hormuz. The…
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Iraq opens oil exports beyond Hormuz after months of war, eyes ship-to-ship route off Oman
Iraq now allows crude oil collection outside the Persian Gulf for buyers. This move comes as exports continue through the Strait of Hormuz despite disruptions. Iraq's state oil…