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Home STOCKS Short-India's HPCL May perhaps See Inventory Gains In June-Qtr If Oil Prices...

Short-India’s HPCL May perhaps See Inventory Gains In June-Qtr If Oil Prices Stay Secure -Exec By Reuters

© Reuters.

June 17 (Reuters) – Hindustan Petroleum Corp Ltd Chairman M K Surana, talking at an analyst convention:
* EXPECTS ITS Debt TO Fall TO Under 320 BILLION RUPEES BY Stop-JUNE Vs . 430 BILLION RUPEES AT Stop-MARCH
* May possibly SEE INVENTORY GAINS IN JUNE QUARTER IF OIL Price ranges Remain Steady
* COMPLETION OF HPCL-MITTAL Electrical power PETCHEM Venture DELAYED TO MID-2021 Vs . Planned APRIL 2021
* Will get 65% OF ITS CRUDE FROM M. EAST, Relaxation FROM W. AFRICA AND LOCAL CRUDE
* MUMBAI REFINERY Expansion TO BE Done BY MID-2021
* VIZAG REFINERY Growth TO BE COMMISSIONED Just before End OF 2021 Further company coverage:
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