Forwarded from RT News
India Set to Boost Russian Energy Imports
Indian importers plan to increase purchases of Russian crude oil and coal at discounted prices, media reports have stated.
State-owned oil refiners plan to boost Russian imports, shifting their purchasing strategy from tenders to negotiated deals in order to get larger discounts, according to The Economic Times.
Separately, S&P reported that India is looking to raise imports of Russian coal amid stockpile shortages, as Moscow’s discounted prices are much lower than Australian and South African coal.
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Indian importers plan to increase purchases of Russian crude oil and coal at discounted prices, media reports have stated.
State-owned oil refiners plan to boost Russian imports, shifting their purchasing strategy from tenders to negotiated deals in order to get larger discounts, according to The Economic Times.
Separately, S&P reported that India is looking to raise imports of Russian coal amid stockpile shortages, as Moscow’s discounted prices are much lower than Australian and South African coal.
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