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An Indian company buys the first shipment of Basra heavy crude

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An Indian company buys the first shipment of Basra heavy crude

Post by RamblerNash on Tue Jul 03, 2018 10:58 pm

An Indian company buys the first shipment of Basra heavy crude

Twilight News

3 hours ago

(Reuters) - India's Mangalore Refining and Petrochemical Company (MRL) has bought its first shipment of Iraqi heavy crude from Royal Dutch Shell through tender, two well-informed sources said on Tuesday.

The Indian company bought a $ 1.20 shipment without Dubai crude, including the cost of shipping.

One source said the Indian company was likely to mix the 1 million barrels of Basra heavy crude, which will be delivered in September, with lighter materials to be processed at the refinery.


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