India's MRPL books Iraq crude cargo after Strait of Hormuz reopening

NEW ​DELHI/SINGAPORE: Mangalore Refinery and Petrochemicals ​Ltd has chartered a vessel to load crude oil from Iraq, the first ‌Indian ⁠state-owned ⁠refiner to do so since the ​partial reopening of the Strait of Hormuz, ​three shipping sources said.

MRPL has booked the Aframax tanker Jasmin Joy to load crude ⁠from Iraq's ‌Basrah oil terminal on July 19-20, the sources said.

Indian ⁠state refiners have been struggling to ​secure ships to load crude ​from ports on the west of the Strait of Hormuz, a strategic waterway through which roughly a fifth of ‌the world's oil and gas supplies transited before the ​Israel-Iran conflict ​disrupted ⁠shipping in the region.


MRPL, which operates a 300,000 barrel-per-day refinery in the southern ​Indian state of Karnataka, did not immediately respond to a Reuters email seeking comment.