BPCL sells its first 50 ppm sulphur diesel cargo for export - traders
Oil refiner Bharat Petroleum Corp Ltd (BPCL)
The Indian refiner sold a combination cargo comprising 15,000 tonnes of 350 ppm sulphur diesel and 20,000 tonnes of 50 ppm sulphur diesel for loading from Mumbai over Oct. 21 to 25, the sources said.
The cargo was sold to Unipec at a discount of about $1 a barrel to Singapore quotes, they added.
While BPCL has exported higher sulphur gasoil grades in the past, this is the first time the refiner is exporting the 50 ppm sulphur diesel grade through a tender, said one of the sources.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.