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HPCL makes its first US oil purchase: Chairman M K Surana

REUTERS|
Updated: Sep 25, 2017, 06.41 PM IST
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HPCL has bought 1 million barrels of Mars oil from trader Trafigura for delivery in December at the southern Indian port of Vizag.
HPCL has bought 1 million barrels of Mars oil from trader Trafigura for delivery in December at the southern Indian port of Vizag.

NEW DELHI: Hindustan Petroleum Corp has made its first purchase of US oil, buying high sulphur crude Mars in a tender, company chairman M K Surana said on Monday.

Earlier Indian Oil Corp and Bharat Petroleum Corp , both state refiners, had purchased the US oil through tenders.

HPCL has bought 1 million barrels of Mars oil from trader Trafigura for delivery in December at the southern Indian port of Vizag, he said.

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