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A person paints the emblem of oil refiner Bharat Petroleum Corp (BPCL) on a wall on the outskirts of Kochi, India, November 21, 2019. REUTERS/Sivaram V/file picture Acquire Licensing Rights
NEW DELHI, Dec 13 (Reuters) – India’s state run refiner Bharat Petroleum Corp (BPCL.NS) is wanting to buy Venezuela oil, its head of refineries Sanjay Khanna mentioned on Wednesday.
“Our refineries are capable of processing Venezuelan oil and we have given our international trade (department) okay to buy it,” Khanna mentioned in an trade occasion.
The import of Venezuelan oil won’t be a menace to BPCL’s Russian oil imports, he added.
So far India’s Reliance Industries (RELI.NS), Indian oil Corp (IOC.NS) and HPCL-Mittal Energy have booked cargoes of Venezuelan oil for the reason that United States lifted sanctions in October.
Reporting by Nidhi Verma; Editing by Janane Venkatraman
Our Standards: The Thomson Reuters Trust Principles.
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