HPCL buys W.Africa crude for Rajasthan refinery, sources say

Hindustan Petroleum

04/08/2026 06:58

NEW DELHI/SINGAPORE, Aug 4 (Reuters) - India's Hindustan Petroleum Corp HPCL.NS has bought two million barrels of oil from West Africa via a tender for its 180,000 barrel-per-day (bpd) refinery in the desert state of Rajasthan, trade sources said on Tuesday.
HPCL bought Nigeria's Okwuibome and Utapate crude from trader Glencore for HPCL Rajasthan Refinery Ltd (HRRL), the people said. The oil will arrive in late September.
The price for the deal was not immediately clear. 
The companies do not typically comment on their trades.
HPCL has a 74% stake in HRRL while the Rajasthan government owns the rest.

(Reporting by Nidhi Verma in New Delhi and Siyi Liu in Singapore; Editing by Rashmi Aich)
((siyi.liu@thomsonreuters.com;))