Responding to a query by the BSE, Bharat Petroleum Corporation has clarified to the exchange that the company, Indian Oil Corporation, Hindustan Petroleum Corporation and Gujarat State Petroleum Corporation are in discussions with international gas suppliers for long term supply arrangement based on market conditions which are part of regular business process.

“There is no proposal at present for bidding jointly for blocks abroad. Bharat Petroleum Corporation has not so far signed any agreement with foreign players for import of gas,” the company said.

comment COMMENT NOW