India turns to UAE for extra LPG imports as Saudi Arabia cuts supplies


LPG vessel

New Delhi — India will get two additional cargoes of liquefied petroleum gas (LPG) from United Arab Emirate’s Abu Dhabi National Oil Co (ADNOC) to make up for a shortfall from Saudi Arabia, two government officials said.

India’s oil minister Dharmendra Pradhan earlier in the day tweeted that ADNOC had agreed to give two additional cargos of LPG on an urgent basis to meet higher demand in the upcoming festive season. He said the cargoes will reach India in the next two weeks.

The sources said additional supplies from ADNOC would compensate for lower imports from Saudi Arabia, which has lowered refinery runs to meet its oil exports commitment after attacks on its oil facilities.

The Sept. 14 attacks on the Abqaiq and Khurais plants, some of the kingdom’s biggest, halved the crude output of the world’s top oil exporter, shutting down 5.7 million barrels per day of production.
like us facebook


India turns to UAE for extra LPG imports as Saudi Arabia cuts supplies India turns to UAE for extra LPG imports as Saudi Arabia cuts supplies Reviewed by Crude Oil Brokers on 10:47 Rating: 5

No comments:

Trending Oil Industry News

About Crude Oil Brokers Ltd

Crude Oil Brokers Ltd is a dedicated global crude oil buyer and seller brokering or facilitating company. We are a United Kingdom and Nigerian based firm, privately owned and devoted to the oil buying and selling brokering.

We have buyers and sellers of;

1. Nigerian Bonny Light Crude Oil, BLCO

2. D2 Diesel Fuel, JP54 Jet Fuel, Mazut etc.

3. Saudi Light Crude Oil, SLCO

4. Iraqi Light Crude Oil

If you are a buyer or seller of crude oil or other petroleum products or have mandate to buy or sell any of the above oil products, do contact us because we could be of help.

To contact Crude Oil Brokers, click here ». To learn more about Crude Oil Brokers Ltd, click here


Crude Oil Brokers

Powered by Blogger.