Reliance Industries buys 1 million barrels crude oil from Kuwait
Reliance Industries has purchased 1 million barrels of heavy crude from Kuwait Petroleum Corp via a tender, four trade sources said. Last week, KPC issued a tender to sell crude oil that the Al-Zour refinery is unable to process because of unplanned maintenance after a fire.
Reliance secures 1 million barrels of Kuwaiti crude
The cargoes – 500,000 barrels of Kuwait Heavy Crude for loading on December 6 to December 7 and the same volume of Eocene crude for loading on December 8 to December 9 – were awarded to Reliance, the people said.The prices for the purchase were not immediately clear.
