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FINANCIAL NEWS
Oman- OTI wins oil supply tender from India’s Bharat Petroleum Corp
19 May 2012
(MENAFN) Under Oman Trading International’s (OTI) plans to expand further in Asian markets, the company completed a sale of 15,000 tonnes of 340 parts-per-million (ppm) sulphur diesel and 15,000 tonnes of 45 ppm sulphur diesel to India’s Bharat Petroleum Corp, reported Reuters.
The company, which is a joint venture between state-owned Oman Oil Company and Swiss-based trader Vitol, was set up in 2006 but has only in recent years been seen active in the spot market for oil products.
OTI has in the past supplied the occasional jet fuel cargoes to Pakistan and kerosene cargoes to India, but this is the first time the company was seen to be supplying diesel into India.
More News
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Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
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30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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