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BPCL defers April shutdown of refinery units

BPCL defers April shutdown of refinery units
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First Published: Mon, Mar 21 2011. 11 04 AM IST
Updated: Mon, Mar 21 2011. 11 04 AM IST
New Delhi: State-run Bharat Petroleum (BPCL) has deferred shutdown of a hydrogen unit at its Mumbai refinery and a diesel unit at the Kochi plant to meet local fuel demand, its head said on Monday.
“No dates have yet been decided ... But we have deferred the planned shutdowns scheduled for April,” R.K. Singh told Reuters.
Indian refiners are struggling to get a good response to their diesel import tenders as traders target more lucrative sales to quake-hit Japan.
Last week BPCL bought only one of the four diesel cargoes it was seeking via tender for April delivery at a very high premium.
BPCL operates a 240,000 bpd refinery in Mumbai as well as a 190,000 bpd refinery at Kochi in Kerala.
It also owns a majority stake in a 60,000 bpd refinery in northeast India.
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First Published: Mon, Mar 21 2011. 11 04 AM IST
More Topics: BPCL | Petrol plant | Hydrogen | Refinery | Kochi plant |