BPCL sign landmark Crude Oil Deal with Petrobras
Bharat Petroleum Corporation Limited (BPCL) has entered into a landmark agreement with Petrobras, Brazil's national oil company, to supply Brazilian crude oil.
New Delhi: Bharat Petroleum Corporation Limited (BPCL) has signed a landmark term contract with Petrobras, Brazil’s national oil company, for the supply of Brazilian crude oil. The agreement was signed by Shri Manoj Heda, Executive Director, International Trade & Risk Management, BPCL, and Claudio Romeo Schlosser, Director, Chief Logistics, Commercialization & Markets Officer, Petrobras, in the presence of Shri Hardeep Singh Puri, Hon'ble Minister of Petroleum & Natural Gas, Government of India, Shri G. Krishnakumar, Chairman & Managing Director, BPCL, Shri Vetsa Ramakrishna Gupta, Director – Finance, BPCL, and Ms. Magda Chambriard, President, Petrobras along with Senior Officials from Petrobras.
This milestone strengthens India’s energy security, enhances BPCL’s crude diversification, and deepens ties with Brazil.