GENEVA/NEW DELHI, May 8 (Reuters) - India's state-run
Hindustan Petroleum Corp Ltd (HPCL) has bought 2
million barrels of Nigerian Qua Iboe crude oil via tender from
BP, trade sources said on Wednesday.
Two cargoes of 950,000 barrels of the top Nigerian grade are
due to load in July, although the exact loading dates were not
One trade source said the tender was awarded at around dated
Brent plus $3.50 a barrel on a free on board basis.
Refiners Indian Oil Corp (IOC) and Bharat Petroleum Corp
also have outstanding tenders to purchase light, sweet crude oil
The results are expected later this week.