By Shariq Khan and Mohi Narayan
NEW DELHI (Reuters) – India’s state-run refiner Bharat Petroleum Corp plans to buy propane and butane from Norwegian energy giant Equinor Plc, Indian energy minister Hardeep Singh Puri said on Thursday.
The two companies this week signed a preliminary deal, he told a news conference.
The agreement, which has a one-year duration, was signed at prices that are lower than global markets, Puri said at the India Energy Week conference.
He declined to share more details.
BPCL also signed a 12-month tender deal for the purchase of 1 million barrels of Abu Dhabi’s Murban crude oil grade from TotalEnergies and a 2.5 million tonnes liquefied natural gas import deal with Abu Dhabi National Oil Co.
(Reporting by Shariq Khan, Mohi Narayan and Nidhi Verma in New Delhi; Editing by Tomasz Janowski)
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