India is increasing imports of Rosneft

India is increasing imports of Rosneft


India again increases the volume of imports of petroleum products from Russia.

Due to fears about future reductions in oil flows from the Russian Federation, India plans to purchase a significant amount of Russian energy carriers in advance. This is reported by Encorr with reference to EnergyPortal.

According to Kpler analysts, the export of slurry products from Russia to India will double in August compared to the previous month. Yes, the volume of shipments will reach 269,000 barrels per day. First of all, we are talking about the export of fuel oil with a high sulfur content and vacuum gas oil.

Subsequently, India is expected to increase its imports of slurry fuel from all regions to approximately 361,000 barrels per day. This indicator will be the highest since the beginning of 2017.