India’s BPCL to issue spot crude tender as replacement for Russian oil, source says

HYDERABAD, India (Reuters) -India’s Bharat Petroleum Corporation Ltd (BPCL) will issue a spot crude purchase tender in 7-10 days as a replacement for Russian oil, a source familiar with the matter said on Tuesday.

The source said BPCL will buy Russian oil only if it is supplied by non-sanctioned entities.

(Reporting by Nidhi Verma, writing by Hritam Mukherjee; Editing by Sonia Cheema)

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