BPCL Tapping Alternative Oil Supplies On Lower Discount On Russian Oil Sales, Exec Says

Aug 14 (Reuters) - Bharat Petroleum Corporation Ltd BPCL.NS:

• BPCL EXEC: TAPPING ALTERNATIVE OIL SUPPLIES ON LOWER DISCOUNT ON RUSSIAN OIL SALES

• BPCL EXEC: PURCHASED OIL FROM BRAZIL, WEST AFRICA, AND US TO REPLACE SOME RUSSIAN OIL

• BPCL EXEC: PROCESSED 34% RUSSIAN OIL IN JUNE QTR

• BPCL EXEC: DISCOUNTS ON RUSSIAN OIL DECLINED TO $1.50 PER BARREL

• BPCL EXEC: WANTS TO PROCESS 33-35% OF RUSSIAN OIL IF NO SANCTIONS ARE IMPOSED

• BPCL EXEC: RUSSIAN OIL IMPORTS WERE HIT LAST MONTH DUE TO DISCOUNTS

Source text: [ID:]