Investor Presentaiton

Major Subsidiaries/ JVs Bharat Petroleum Subsidiaries Joint Ventures & Associates Upstream 100.00% Refining Refining City Gas Distribution Pipelines Aviation Services Trading Activities 61.65% 50.00% Bharat Oman Refineries Limited 22.50% 50.00% 50.00% Indraprastha Gas Limited Kochi Salem Pipeline Pvt. Limited Bharat Stars Services Pvt Limited 50.00% Matrix Bharat Pte Limited Bharat PetroResources NRL 25.00% 25.00% 11.00% 37.00% Bharat PetroResources Limited Numaligarh Refinery Limited Ratnagiri Refinery & Petrochemicals O Central UP Gas Limited GSPL India Transco Limited Delhi Aviation Fuel Facility (P) Limited LNG 12.50% 22.50% 11.00% 21.68% Maharashtra GSPL India Aviation Gas Natural Gas Limited Gasnet Kannur International Airport Ltd. Petronet LNG Limited Services 49.94% 25.00% 100.00% 74.00% Bharat Gas BPCL-KIAL Fuel Mumbai Aviation Sabarmati Gas Others Resources Farm Facility Pvt. Limited Fuel Facility (P) Limited Ltd. Limited 50.00% 20.73% Haridwar Natural Gas Private Limited 50.00% Goa Natural Gas Pvt. Ltd. FINO Paytech Ltd

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