BP to supply Nagarjuna refinery
India’s Nagarjuna Oil Corp. has entered into an agreement with BP PLC for the long-term supply of crude oil for its upcoming refinery in Tamil Nadu state. Officials from both companies declined to provide details on the volume of crude to be supplied or the duration of the agreement. The crude supply will start at the commissioning of the refinery in 2010. The refinery will process 6 million metric tons of crude oil a year and produce Euro IV specification gasoline and gasoil. (September 25, 2007)