SAO PAULO, Jan 28 (Reuters) – Brazil’s state-run oil firm Petrobras said on Wednesday it has expanded and renewed oil sales contracts with Indian state-owned oil refiners.
The agreements represent a sales potential up to 60 million barrels, with a total value that may exceed $3.1 billion, Petrobras said.
The oil sales contracts with Indian Oil Corporation Limited, Bharat Petroleum Corporation Limited and Hindustan Petroleum Corporation Limited will remain in effect until March 2027, it added.
(Reporting by Fernando Cardoso; Writing by Isabel Teles, Editing by Iñigo Alexander)
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