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ETMarkets.comRepresentative image. India's Hindustan Petroleum issued two rare tenders to import transport fuels for early November delivery, two sources familiar with the matter said on Wednesday.The company sought about 34,000 tons of gasoline and 65,000 tons of gasoil for delivery between November 1 and 10 at the port of Mundra on the western coast of India, one of the sources said.The company did not immediately respond to a request for comment on the tenders.The tenders, closing on Wednesday, were issued after "operational issues" arose at the company's Mumbai refinery, the second source said.In a statement on Tuesday, the company said it sourced 54.6 million tons of crude oil from Hindustan Oil Exploration, which was found to be corroding its downstream units when processed in October.Live EventsThe oil was "found to be causing operational issues including corrosion in downstream units, yielding suboptimal outputs and turning down production," it said in a statement to the National Stock Exchange."Potential reasons are the very high salt and chloride content in the crude oil," it added.Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel) Read More News onhindustan petroleumHindustan PetroleumHindustan Petroleum pricesoil pricesindia russia tiesindia russia newsindia russia relationsMumbai refinery issues (Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.) Subscribe to The Economic Times Prime and read the ET ePaper online....moreless (You can now subscribe to our Economic Times WhatsApp channel)Read More News onhindustan petroleumHindustan PetroleumHindustan Petroleum pricesoil pricesindia russia tiesindia russia newsindia russia relationsMumbai refinery issues(Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.) Subscribe to The Economic Times Prime and read the ET ePaper online....moreless
