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BPCL to step up Myanmar play

DNMUM396597 | 9/14/2017 | Author : Shahkar Abidi | WC :246



Mumbai: State-owned Bharat Petroleum Corporation Ltd (BPCL) is in talks with neighbouring countries including Bangladesh and Myanmar and others to set up product pipelines, senior company executives said on Tuesday.
The focus on neighbouring countries, especially Myanmar, seems important considering the recent tension between India and China over Doklam. Also, plans of similar nature are in pipeline for Sri Lanka and Thailand.
D Rajkumar, chairman and managing director, BPCL, said that it is being done as part of the ‘friendship’ with the neighbouring countries.
China, too, on its part is making similar inroads in order to increase its standing as a regional and global power.
Indian Oil Corporation (IOC) is also eyeing ref
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