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MRPL — Mangalore Refinery and Petrochemicals News Story

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India's MRPL extends fall as refinery fire prompts fuel export tender cancellations

BUZZ-India's MRPL extends fall as refinery fire prompts fuel export tender cancellations

** Mangalore Refinery and Petrochemicals Ltd (MRPL) MRPL.NS extends losses; down 4.6% to 161.50 rupees

** India's state-run firm on Wednesday cancelled three spot export tenders for refined fuels after a fire broke out at a processing unit

** Co notified buyers it had withdrawn tenders to export diesel, jet fuel and reformate later this month, according to three company notices

** MRPL closed 1.4% down on Wednesday

** The coker hydrotreater unit was affected by the fire, but the rest of the refinery was operating normally - spokesperson

** YTD, MRPL up ~8%


(Reporting by Urvi Dugar in Bengaluru)

((UrviManoj.Dugar@thomsonreuters.com;))

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