BPCL Exec Says Getting Sufficient Cargoes Of Russian Oil Now

May 2 (Reuters) - Bharat Petroleum Corporation Ltd BPCL.NS

• BPCL EXEC: PROCESSED 24% OF RUSSIAN OIL IN MARCH QUARTER

• BPCL EXEC: GETTING SUFFICIENT CARGOES OF RUSSIAN OIL NOW

• BPCL EXEC: LOOKING TO SET UP EITHER 9 MTPA OR 12 MTPA REFINERY IN SOUTHERN ANDHRA PRADESH STATE

• BPCL EXEC:HOPES TO SET UP ANDHRA REFINERY IN 48 MONTHS FROM INVESTMENT DECISION EXPECTED IN END 2025

• BPCL EXEC: GETTING RUSSIAN OIL AT A DISCOUNT OF $3 PER BARREL

• BPCL EXEC: SEES CRUDE OIL HOVERING BELOW $70 A BARREL

• BPCL EXEC:EXPECTS GOVERNMENT TO FORM MECHANISM FOR QTRLY SETTLEMENT OF REVENUE LOSS ON LPG SALES AT DISCOUNTED RATES

• BPCL EXEC: PEGS FY26 CAPEX AT 200 BILLION RUPEES, 250 BILLION RUPEES FOR FY27, 300 BILLION RUPEES FOR FY28

• BPCL EXEC: PURCHASE OF RUSSIAN OIL BY TURKEY, SYRIA HAS REDUCED AVAILABILITY FOR INDIAN BUYERS

• BPCL EXEC: HOPES TO PROCESS 32%-34% RUSSIAN OIL IN COMING QUARTERS

• BPCL EXEC: EXPLORING BUYING US LPG CARGOES THROUGH SWAP OF MIDDLE EAST CARGOES

• BPCL EXEC: SEES GAIN OF $20-$30 PER METRIC TON ON US LPG PURCHASE