Refinery expansion plans will not be affected by temporary flare-up, confident of recouping losses: Bharat Petroleum
Bharat Petroleum Corporation Ltd (BPCL), the second largest Indian oil marketing company, has kept its expansion plans on as it said the refinery capacities are not expected to be affected by the recent flare-up in West Asia.“We expect this to be a temporary period (the recent flare-up of tensions in West Asia). However, if you look at the overall dynamics of crude availability in terms of supply and demand, it is still in surplus,” Vetsa Ramakrishna Gupta, Director (Finance) of BPCL told The Hindu in an interaction on Thursday.Mr.
- ▪Bharat Petroleum Corporation Ltd (BPCL), the second largest Indian oil marketing company, has kept its expansion plans on as it said the refinery capacities are not expected to be affected by the recent flare-up in West Asia.“We expect this
- ▪However, if you look at the overall dynamics of crude availability in terms of supply and demand, it is still in surplus,” Vetsa Ramakrishna Gupta, Director (Finance) of BPCL told The Hindu in an interaction on Thursday.Mr.
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Bharat Petroleum Corporation Ltd (BPCL), the second largest Indian oil marketing company, has kept its expansion plans on as it said the refinery capacities are not expected to be affected by the recent flare-up in West Asia.“We expect this to be a temporary period (the recent flare-up of tensions in West Asia). However, if you look at the overall dynamics of crude availability in terms of supply and demand, it is still in surplus,” Vetsa Ramakrishna Gupta, Director (Finance) of BPCL told The Hindu in an interaction on Thursday.Mr.
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