Bloomberg News

Indian Oil Issues Second Tender to Buy October-Loading Crude

August 23, 2012

Indian Oil Corp., the nation’s largest refiner, issued a second tender to buy crude for loading in October, a document obtained by Bloomberg News showed.

The tender closes at 3 p.m. local time today and offers will be valid until 5 p.m. tomorrow, according to the document.

The company purchased 1 million barrels each of Nigerian Qua Iboe and EA grades from Royal Dutch Shell Plc (RDSA), and 1 million barrels each of Nigerian Agbami and Angolan Girassol from Chevron Corp. (CVX:US) in its previous tender for October.

To contact the reporter on this story: Sherry Su in London at lsu23@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net


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