{"id":378755,"date":"2020-10-16T10:42:46","date_gmt":"2020-10-16T05:12:46","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=378755"},"modified":"2020-10-16T10:53:55","modified_gmt":"2020-10-16T05:23:55","slug":"bpcl-tries-again-to-cut-dependence-on-middle-east-lpg","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bpcl-tries-again-to-cut-dependence-on-middle-east-lpg\/","title":{"rendered":"BPCL tries again to cut dependence on Middle East LPG"},"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<p>The latest tender is aimed at getting better prices for supplies compared with those from the Middle East and to diversify sources of LPG, according to the objectives listed in the document. <\/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":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-378755","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/378755","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=378755"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/378755\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=378755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=378755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=378755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}