(Bloomberg) -- Bharat Petroleum Corp., India's
third-biggest state-run refiner, will cut crude oil purchases
from Petroliam Nasional Bhd. by 33 percent in the year to March
2008 as Malaysia's state oil company can't increase supplies.
Bharat Petroleum, based in Mumbai, will buy 10,000 barrels
a day of Malaysian oil varieties Tapis, Miri and Labuan from
15,000 barrels a day in the fiscal year ended March 2007, C.K.
Sengupta, executive director for international trading at the
Indian refiner, said in an interview in Kuala Lumpur while
attending the Asia Oil and Gas conference.
Read more at Bloomberg Energy News
third-biggest state-run refiner, will cut crude oil purchases
from Petroliam Nasional Bhd. by 33 percent in the year to March
2008 as Malaysia's state oil company can't increase supplies.
Bharat Petroleum, based in Mumbai, will buy 10,000 barrels
a day of Malaysian oil varieties Tapis, Miri and Labuan from
15,000 barrels a day in the fiscal year ended March 2007, C.K.
Sengupta, executive director for international trading at the
Indian refiner, said in an interview in Kuala Lumpur while
attending the Asia Oil and Gas conference.
Read more at Bloomberg Energy News
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