Business

Q1:

Which company exported its first consignment of 100 octane premium fuel, XP100, to Sri Lanka?

A Indian Oil Corporation

B Bharat Petroleum

C Hindustan Petroleum

D Reliance Industries

ANS:A - Indian Oil Corporation

Indian Oil Corporation Limited (IOCL) has successfully exported its first consignment of 100 octane premium fuel, XP100, to Sri Lanka. This milestone marks a significant expansion of IOCL’s premium fuel offerings into international markets. XP100 is a high-performance fuel designed to enhance engine efficiency and improve overall driving experience by offering superior combustion quality. The export of this high-octane fuel to Sri Lanka reflects IOCL’s commitment to meeting international standards and addressing the needs of premium automotive markets abroad. This move not only opens up new business opportunities for IOCL but also strengthens its presence in the South Asian region. The shipment of XP100 to Sri Lanka is expected to bolster the company’s reputation as a leading fuel provider and contribute to the growing demand for high-quality automotive fuels in the region. By entering the Sri Lankan market with XP100, IOCL demonstrates its ability to cater to the diverse requirements of global customers and showcases its strategic focus on expanding its footprint in the international fuel sector.



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