BPCL boosts West Asian oil imports
Financial Express Bengaluru|January 01, 2025
BHARAT PETROLEUM, one of the largest refiners in India, has been forced to seek alternative and more expensive crude cargoes from West Asia to make up for lower supplies from Russia, putting a spotlight on shifting export patterns as traders focus on the global market's prospects in 2025.
RAKESH SHARMA

"We are short of three, four Russian cargoes for January-loading and February-delivery," Bharat Petroleum finance director Vetsa Ramakrishna Gupta said.

"We issued tenders and have secured alternate grades from Iraq, UAE and others," he said, referring to nations including the UAE.

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