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INDIA'S HPCL TO SET UP IMPORT TERMINAL AT MUNDRA PORT.
AHMEDABAD, June 1 Asia Pulse - Hindustan Petroleum Corporation Ltd (BSE:HPCL) has tied up with Gujarat Adani Port Ltd to set up a Rs 3.5 billion (US$71.57 million) oil import terminal at Mundra port to store crude for supply to the proposed Shri Guru Gobind Singh Refinery in Bhatinda.
A long term agreement was signed by senior representatives of the 2 companies in Mumbai on Friday, for setting up of import crude oil discharge and storage facility catering to HPCL's nine million tonnes Bhatinda refinery which is currently under construction, a statement issued here said.
The ...
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