Essar Oil Limited (EOL) has renewed a major product sale and purchase agreement with Bharat Petroleum Corporation Limited.
The renewed four year agreement, running upto 2016 is for supply of diesel, petrol, kerosene and ATF (aviation turbine fuel) to BPCL from its Vadinar Refinery. It also entitles EOL to purchase products from BPCL and gives the two companies the option of sharing each other’s distribution infrastructure.
S Thangapandian, CEO – Marketing, EOL, said: “We are delighted to further cement our long-term relationship with BPCL. Essar Oil has emerged as the biggest supplier for fuels for BPCL. With our expanded capacity coming on stream, we are fully geared to serve the growing demands of high quality fuel for the nation.”