Low diesel demand hits BPCL’s crude runs, ups petrol imports

NEW DELHI/ BANGALORE: Bharat Petroleum Corp will continue to import gasoline for the next few months as its crude processing is hit due to lower demand for diesel that accounts for 40%-45% of its product slate, its head of marketing A. K. Singh said.

BPCL NSE 0.09 % is operating refineries at an average of 80% capacity, Singh told a press conference after a shareholders meeting. By design BPCL refineries make 2.5 tonnes of diesel for every 1 tonne of gasoline produced, he said.