Century Direct Group Report

Century Direct Group Report – MRPL refinery is in talks with Brazil and Mexico to buy heavy oil, a move that could develop new trade routes to India’s state refineries and Mexico, you want to buy refined products from that country.

PMI, the marketing arm of state oil company Pemex, Petrobras and the Brazilian company have been recorded now to participate in the auctions of MRPL, learned Century Direct Group Report.

Mangalore Refinery and Petrochemicals Ltd (MRPL) aims to raise capacity by 27 percent to 300 thousand barrels per day (bpd) early next year and 360 000 bpd to 2015 or 2016.

The expansion aims to refine heavy crude cheaper, with high acid content, to increase profitability and improve performance, oil reports have informed Century Direct Group Report.

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