NEW DELHI, Feb 5 (Reuters) - BP is interested inmarketing jet fuel in India, but it is not known whether theglobal energy giant will import the fuel or source it from localrefiners such as Reliance Industries, the oilsecretary said on Wednesday.
"Whether they (BP) have applied for a licence or not, that Iam not aware of," oil secretary Vivek Rae told reporters,adding, BP has invested sufficient funds in India to be eligibleto market petrol, diesel and aviation fuel in the country.
Jet fuel is sold at market prices in India, unlike diesel,which is sold at state-set lower prices.
BP in 2011 agreed to acquire a 30 percent stake in blocksoperated by Reliance Industries for $7 billion. The UK-basedenergy firm has also formed a 50:50 joint venture with Reliancefor sourcing and marketing gas.
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