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While Indian refiners are technically capable of supplying Russia with required gasoline grades, India's Oil Minister Hardeep Singh Puri has stated that Indian companies are not directly selling gasoline to Russia, despite reports of reverse oil flow.
India's Oil Minister Puri has embarked on a visit to Qatar, with LNG and LPG supplies likely on the agenda, taking advantage of a window provided by a US-Iran ceasefire.
India's Oil Minister Hardeep Puri stated the country has 76 days of fuel reserves and is diversifying its sources, assuring no immediate risk of shortages despite global disruptions.
India's Oil Minister is traveling to Qatar with the aim of securing a swift supply of liquefied natural gas (LNG).
India's Oil Minister stated that the government will eventually need to decide how long Oil Marketing Companies (OMCs) can continue to incur losses.