{"id":378705,"date":"2020-10-16T08:45:36","date_gmt":"2020-10-16T03:15:36","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=378705"},"modified":"2020-10-16T09:21:55","modified_gmt":"2020-10-16T03:51:55","slug":"bpcl-to-cut-dependence-on-middle-east-lpg-seek-bids-from-global-suppliers","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bpcl-to-cut-dependence-on-middle-east-lpg-seek-bids-from-global-suppliers\/","title":{"rendered":"BPCL to cut dependence on Middle East LPG, seek bids from global suppliers"},"content":{"rendered":"<p>An Indian buyer of liquefied petroleum gas is once again attempting to ease its dependence on Middle East shipments after some supply shocks last year stemming from drone attacks and even a trade war. <\/p>\n<p>Bharat Petroleum Corp. is seeking bids from global suppliers for a fifth of its typical LPG needs in 2021, according to a tender seen by Bloomberg. Bidding is still open to Middle East producers, which already provide BPCL with the majority of its contracted needs. India\u2019s second-biggest fuel retailer made an attempt to broaden its sources of supply earlier this year but the tender wasn\u2019t awarded due to a lack of attractive offers, said traders.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An Indian buyer of liquefied petroleum gas is once again attempting to ease its dependence on Middle East shipments after some supply shocks last year stemming from drone attacks and even a trade war. Bharat Petroleum Corp. is seeking bids from global suppliers for a fifth of its typical LPG needs in 2021, according to a tender seen by Bloomberg. Bidding is still open to Middle East producers, which already provide BPCL with the majority of its contracted needs. India\u2019s second-biggest fuel retailer made an attempt to broaden its sources of supply earlier this year but the tender wasn\u2019t awarded [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-378705","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/378705","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=378705"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/378705\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=378705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=378705"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=378705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}