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BPCL to buy propane and butane from Equinor India

21 Feb '25
1 min read
BPCL to buy propane and butane from Equinor India
Pic: mrinal - stock.adobe.com

Insights

  • BPCL has signed a one-year agreement with Equinor India, a subsidiary of Equinor ASA, for the purchase of propane and butane.
  • The deal ensures a stable supply of key petrochemical feedstocks at competitive terms, reinforcing BPCL's energy security strategy.
  • This partnership strengthens ties between BPCL and Equinor, supporting India's rising demand for energy and petrochemical products.
Bharat Petroleum Corporation Limited (BPCL) has entered into a strategic agreement with Equinor India Pvt Ltd, a 100% subsidiary of Equinor ASA, for the purchase of propane and butane for a period of one year.

The agreement ensures a reliable supply of these key petrochemical feedstocks at competitive commercial terms, reinforcing BPCL’s commitment to securing energy resources efficiently. This collaboration marks a significant step in strengthening the partnership between BPCL and Equinor, supporting India's growing demand for energy and petrochemical products.

About Bharat Petroleum Corporation Ltd. (BPCL):

Fortune Global 500 Company, Bharat Petroleum is the second largest Indian Oil Marketing Company and one of the integrated energy companies in India, engaged in refining of crude oil and marketing of petroleum products, with presence in the upstream and downstream sectors of the oil and gas industry. The company attained the coveted Maharatna status, joining the club of companies having greater operational & financial autonomy.

Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.

ALCHEMPro News Desk (AJ+HU)

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