Indian Oil Corp plans to buy N. American sour crude for the first time
Petroleumworld 07 05 2017
State-owned Indian Oil Corp issued its first ever tender to buy high-sulphur, or sour, crude from North America as it seeks to diversify imports, three trade sources said on Tuesday.
India's largest oil refiner is seeking to buy the crude grades Mars, Southern Green Canyon and Thunderhorse from the United States and Western Canadian Select from Canada in the tender, they said.
Sellers are to deliver the oil in late September or early October, they said.
The first part of the tender will close on Tuesday and the second part on Wednesday. The tender will stay valid until Thursday.
Reporting by Florence Tan and Nidhi Verma; Editing by Christian Schmollinger from Reuters.
07 04 2017
We invite all our readers to share with us
their views and comments about this article.
Write to firstname.lastname@example.org
By using this link, you agree to allow PW
to publish your comments on our letters page.
Any question or suggestions,
please write to: email@example.com
Best Viewed with IE 5.01+ Windows NT 4.0, '95,
'98,ME,XP, Vista, Windows 7,8,10 +/ 800x600 pixels