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MRPL — Mangalore Refinery and Petrochemicals News Story

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India's MRPL declares force majeure on gasoline export cargoes for March, April, traders say

Corrects refining capacity to 300,000 bpd from 500,000 bpd in paragraph 2

By Mohi Narayan and Nidhi Verma

NEW DELHI, March 4 (Reuters) - India's Mangalore Refinery and Petrochemicals MRPL.NS declared force majeure on all gasoline export cargoes for March and April amid conflict between U.S. and Iran that has upended crude oil flows from the Gulf, traders said on Wednesday.

The state-run refiner, which operates a 300,000-barrel-per-day refinery in the southern state of Karnataka, exports about 40% of its refined fuel output.

 (Reporting by Mohi Narayan and Nidhi Verma; Editing by Tom Hogue)

 ((Mohi.Narayan@thomsonreuters.com; https://twitter.com/_mohi_;))

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