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India's BPCL buys 1 mln bbls Jan Nigerian crude-trade

Tue Dec 1, 2009 8:40pm IST
 
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LONDON, Dec 1 (Reuters) - India's Bharat Petroleum Corp (BPCL) bought 1 million barrels of Nigerian Agbami crude oil in its second tender for January loading sweet grades on Tuesday, traders said.

India's second-largest state-run refiner took the crude from Statoil for shipping on Jan. 9-10. No price details were immediately available.

In its last tender, BPCL bought 1 million barrels each of Nigerian Bonny Light and Agbami crude from Royal Dutch Shell along with 1 million barrels of Saharan Blend from Sonatrach. All were for January loading.

BPCL operates a 240,000 barrels per day (bpd) refinery in Mumbai and a 150,000-bpd refinery in the southern Indian state of Kerala, run by subsidiary Kochi Refineries Ltd.

It also owns a majority stake in a 60,000-bpd refinery in northeast India. (Reporting by Joe Brock; editing by James Jukwey) ((joe.brock@thomsonreuters.com; +44207 542 9162))

Construction workers work at a site as the sun sets in Chandigarh in this December 2006 file photo. REUTERS/Ajay Verma
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