India emerges as key petrol supplier to Russia as refinery attacks disrupt fuel supplies
Indian refiners supplies as much as 1 million barrels of gasoline in the last two months. The supplies essentially come from Vadinar refinery in Gujarat, operated by Nayara Energy, which is half owned by Russia's Rosneft
India has become a crucial source of gasoline for Russia due to disruptions in the country's fuel production caused by Ukrainian drone attacks on its refineries. Russian seaborne gasoline imports reached a record high of 125,000 barrels per day in August, equivalent to approximately 470,000 tonnes for the month. Indian refiners, particularly Nayara Energy, a Russian-owned company, supplied up to 1 million barrels of gasoline in the past two months.
The conflict in the Gulf has led to a significant reduction in Russia's crude oil imports from other sources, prompting the nation to rely more on Russia for crude oil. As a result, Russia has had to import gasoline and diesel products while maintaining restrictions on fuel sales throughout the country.
Written by urgent.news from Hindu BusinessLine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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