HPCL is the first Indian oil company to have started marketing lubricants in Myanmar.
- It has chosen commercial hubs of Yangon and Mandalay.
- State-owned Hindustan Petroleum Corporation Ltd has started selling lubricants in Myanmar as part of broader plans of Indian retailers.
- It aims to play a bigger role in the south-east Asian nation's oil and gas sector.
- The decision is taken to meet rising demand for fuel in Myanmar.
About HPCL
- It is an Indian state-owned oil and natural gas company
- It headquarters at Mumbai, Maharashtra.
- It was incorporated in 1974 after the takeover and merger of erstwhile Esso Standard and Lube India Limited