India
India is building 24 cargo ships for Russia
India is in the process of building 24 cargo ships for Russia, the completion of which is scheduled for 2027.
India is increasing imports of Rosneft
India again increases the volume of imports of petroleum products from Russia.
Oil exports from Russia to India reached a new record in June
Last month, Indian imports of Russian oil set another record — daily volumes rose to 2.2 million barrels per day.
India reduced imports of Rosneft
India reduced purchases of Urals oil in April compared to record imports in March.
Russia continues to sell oil to the EU through India
Thanks to record purchases of russian oil, India has increased imports of its own energy carriers to Europe.
Rosneft imports by India reached a record 1.6 million barrels per day
India’s oil imports from russia exceed the combined imports of traditional suppliers Iraq and Saudi Arabia.
India buys Rosneft much cheaper under the “price ceiling”
India buys oil from russia much cheaper than the “price ceiling” implemented by the G7 countries.
India imported record volumes of russian oil in January
In January, India imported a record 1.4 million barrels of oil per day from russia, which is 9.2% higher than in December.
Russia became the main supplier of oil to India
The Indian government fears that the price cap on Rosneft will hit supplies and block payment channels.
India will continue to buy russian oil
India’s foreign minister has said that India will continue to buy russian oil as it is beneficial for the country.
