India’s state oil marketing companies have agreed to buy 3.7 million tonnes of diesel from Reliance Industries the next financial year, sharply lower from last year’s 6.2 million tonnes, but still higher than what they had intended. The buyers include Indian Oil Corporation (IOC), Hindustan Petroleum Corporation Ltd (HPCL) and Bharat Petroleum Corporation Ltd (BPCL)….
INDIA: State oil companies to buy 3.7 million tonnes of diesel from Reliance
Posted on March 23, 2004 by EnergyAsia