Investor Presentaiton

7 Major Subsidiaries, JVs & Associates Subsidiaries UPSTREAM TM CUGL Goa Natural Gas Goa Natural Gas Pvt.Ltd. A Joint Venture of GAIL Gas Ltd & BPCL HNG Joint Ventures/ Associates CITY GAS DISTRIBUTION igl Sabarmati Gas Ltd. (A Joint Venture of GSPC and BPCL) Sabarmati Gas MNGL Bharat PetroResources REFINING STARS BHARATS SERVICES NUMALIGARH REFINERY NRL LIMITED Trusted partnership GrGITL AVIATION SERVICES Bharat Petroleum energising lives Maharashtra Natural Gas Ltd. (A JOINT VENTURE OF GAIL (India) Ltd & BPCL) MAFFFL Mumbai Aviation Fuel Farm Facility Pvt Ltd DAFFPL KANNUR International Airport Ltd. Fuel to fly GSPL INDIA TRANSCO LIMITED KSP PL GAS A BPCL-IOCL JOINT VENTURE BHARAT Gas Resources REFINING BHARAT OMAN REFINERIES LIMITED RRPCL REDEFINING REFINING PIPELINES TRADING GSPL India Gasnet Limited LNG BKFF Pvt Ltd. IHB INDIA PVT. LTD OTHERS MXB MATRIX BHARAT PETRONET LNG LIMITED Fino Fino Payments Bank

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