HPCL starts selling lubricants in Myanmar

 

State-owned Hindustan Petroleum Corporation Ltd (HPCL) has started selling lubricants in Myanmar as part of broader plans of Indian retailers to play a bigger role in the south-east Asian nation’s oil and gas sector.

HPCL is the first Indian oil company to have started marketing lubes in Myanmar and has chosen commercial hubs of Yangon and Mandalay.

India is pushing for supplying fuel to Myanmar to meet rising demand. Following the lifting of sanctions, Myanmar is looking at foreign companies to cater to fuel and infrastructure requirements arising out of a dramatic surge in consumption.