International Trade

International Trade:

International Trade department deals with procurement of Crude Oil for the refineries situated in Mumbai and Visakhapatnam with combined crude throughput of 18 MMT. 78% of the crude oil requirement is met from imports and the remaining from indigenous sources. The department also undertakes import and export of petroleum products. The volume of import and export of petroleum products for FY 2020-21 was 7.18 MMT. Further, the department manages chartering of ships for ocean transportation, mainly for Crude Oil and LPG as well as for coastal transportation of White Oil, Black Oil and Lube Oil across various ports in India. Total tonnage hired is typically 17 Million DWT per annum.

The main activities of the department are to ensure:

  • Procurement of Crude Oil at optimum cost
  • Timely availability of Crude Oil at refineries
  • Import of LPG, Gasoil and Gasoline to meet domestic demand.
  • Export of products from refineries, which are surplus to domestic demand
  • Chartering of ships for Crude Oil, LPG and other products at optimum freight

Crude Oil Imports:

HPCL has a very wide crude basket comprising 144 grades of Crude Oil. In order to ensure security of supplies, these grades are sourced from well-diversified regions across the world viz. Middle-East, South Asia, West Africa, North America, South America, Russia and North Sea. Crude Oils are imported both on term and spot contracts

Petroleum Products Import and Export

Petroleum Products Import

HPCL imports various finished petroleum products for meeting demand in the domestic market. The products imported include:

  • LPG
  • Gasoil
  • Gasoline
  • Lube Oil Base Stock
  • Bulk Bitumen

Petroleum Product Exports

HPCL exports various petroleum products from its refineries. The products exported are:

  • Fuel Oil
  • Naphtha
  • High Sulphur Gasoil
  • High Sulphur Gasoline

Registration of Counterparties for Import of Crude Oil and Export/ Import of Petroleum Products

For registering as counterparty for supply of crude oil or for sale/ purchase of petroleum products, a duly filled up Registration form is required to be submitted, on the letterhead of the counterparty duly signed by the authorized signatory along with the requisite enclosures to:

Chief General Manager, Commercial
International Trade Dept
Petroleum House – 5th Floor,
Hindustan Petroleum Corporation Ltd.
17, Jamshedji Tata Road,
Churchgate, Mumbai 400 020.
Email: corphqo[at]hpcl[dot]in

Counterparties are considered for registration upon fulfilment of various criteria for this purpose.

Shipping

Shipping department meets the ocean transportation requirement mainly for import of Crude Oil and LPG as well the coastal transportation requirement for White Oils, Black Oils and Lube Oils across various ports in India. HPCL employs vessels of various sizes on Time Charter, Voyage Charter and under Contract of Affreightment (CoA)

Activities of the Shipping Department include:

  • Ship Chartering
  • Empanelment of Shipbrokers to facilitate ship chartering (Registration form)
  • Appointment of Surveyors at various ports
  • Appointment of Shipping Agents at various ports

For any query related to shipping activities, you may contact:

General Manager - Shipping
International Trade Dept.
Petroleum House – 5th Floor,
Hindustan Petroleum Corporation Ltd
17, Jamshedji Tata Road,
Churchgate, Mumbai 400 020.
Email: corphqo[at]hpcl[dot]in