MRPL Increases Oil Purchases to Mitigate Iran War Shipping Risks
Mangalore Refinery and Petrochemicals Ltd (MRPL) plans to increase crude oil purchases on a delivered basis to reduce shipping risks amid the ongoing Iran war. The company aims to diversify crude sources to maintain full refinery capacity. CFO Devendra Kumar hopes for annual supply deals with Middle Eastern producers. MRPL's fuel exports may decline due to rising local consumption.
Economic Times··Mangalore




