India's State Oil Refiners Plan Tanker Order for Domestic Use
Indian Oil Corp., Bharat Petroleum Corp. and Hindustan Petroleum Corp. plan to jointly issue a tender later this year for the medium-range tankers, according to people familiar with the matter who asked not to be identified because the information isn't yet public. The proposal could be valued at as much as $600 million, and will require delivery to start by 2028, they said.
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