June 3, 2020 / 2:29 PM / 2 months ago

BRIEF-India's BPCL Says May 2020 Petroleum Products Sales Fell About 30% Versus Year Ago

June 3 (Reuters) - Bharat Petroleum Corporation Ltd :

* SAYS COMPANY WITNESSED GROWTH IN DEMAND FOR LPG IN MONTHS OF APRIL AND MAY 2020 AS COMPARED TO PREVIOUS YEAR

* DEMAND FOR PETROLEUM PRODUCTS ROSE BY ABOUT 67% IN MAY VERSUS APRIL

* PETROLEUM PRODUCTS SALES IN MAY 2020 FELL ABOUT 30% VERSUS YEAR AGO

* SAYS WITH INCREASE IN DEMAND FOR PETROLEUM PRODUCTS IN MAY 2020, CAPACITY UTILIZATION OF REFINERIES GRADUALLY ROSE TO ABOUT 77% BY MAY 31

* OPERATIONS OF CO’S REFINERIES WERE CURTAILED TO LEVEL OF AROUND 63% OF DESIGN CAPACITY DURING APRIL 2020

* DEMAND OF PETROLEUM PRODUCTS WAS DOWN BY AROUND 55% IN APRIL 2020 VERSUS APRIL 2019 Source text: (bit.ly/2U5T4Et) Further company coverage:

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