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RUSSIA LNG DISCOUNT
Indian refiners increase Russian and UAE oil imports ahead of Hormuz recoveryIndia's crude oil imports hit a milestone in June, as Russia emerged as the primary supplier, followed closely by the UAE's near-record imp...- Oil prices to ease after US-Iran deal, but return to pre-war levels could take months: AnalystsEnergy markets anticipate price moderation for crude oil and liquefied natural gas. A potential US-Iran peace agreement and the reopening o...
- India's Russian oil imports rise in May as refiners boost purchasesIndia continued its strong demand for Russian fossil fuels in May. The nation emerged as the second-largest buyer globally, importing hydro...
- India buying Russian oil irrespective of US sanctions waivers, Indian official saysIndia has consistently purchased Russian oil, irrespective of U.S. sanctions waivers, according to a petroleum ministry official. The decis...
- How Asia-Pacific is fighting a fuel shock that could get worseAsian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...
- Gas sale at 40% discount: Why is Russia selling LNG at deep discounts and how it may provide a sigh of relief for India?Russia is attempting to sell natural gas from its sanctioned facilities to South Asian nations. These offers come at a significant discount...
- Trump's Iran war pushes India to rekindle old friendship with RussiaIndia and Russia are strengthening energy ties. Discussions are underway for Russia to resume direct liquefied natural gas sales to India f...
- Western pressure to hit Asian buying of Russian oil from December, sources sayAsian buyers of Russian energy face increasing pressure, potentially impacting India's oil imports from December. While China and India's s...
- EU needs to do more than toe the US lineDonald Trump, favoring tariff threats over diplomacy, gave Russia a 50-day ultimatum to agree to a peace deal or face 100% tariffs. This th...
- How could the EU ban Russian gas?The European Commission plans to phase out Russian gas imports by 2027 and ban spot contracts by the end of 2024, circumventing potential v...
- India targets raising US energy purchases to $25 billion following PM Modi-Trump meetIndia plans to boost its purchase of US energy by two-thirds to $25 billion soon, following discussions between PM Modi and President Trump...
- Energy booster from US on menu in runup to PM Modi's visitIndia is considering increasing energy imports from the US as Prime Minister Modi prepares to meet President Trump. Challenges include comp...
- How Western sanctions are strangling Vladimir Putin’s Arctic gas ambitionsRussia has long sought to increase its share of the global LNG market, but the war and the subsequent sharp drop in overland exports to Eur...
- India becomes 2nd-largest importer of Russian fuelsIndia purchased 32% of Russia's crude oil exports while the EU (8%) and Turkey (4%) were the third- and fourth-largest buyers. Crude import...
- Pakistan's dream of importing discounted Russian crude hits roadblockPakistan had committed that it would set up a new Special Purpose Vehicle (SPV) company that would be responsible for the import of Russian...
- How China benefits from Western sanctions on Russia's energy exportsThe visit comes just over a year after Russia launched what it calls a "special military operation" in Ukraine, triggering sanctions by the...
- Pakistan's PM and Russian energy minister discuss oil and gas supply"Both sides agreed on the importance of (the) energy sector for the development of bilateral economic and trade relations," the Prime Minis...
- Russia to sell discounted crude to Pakistan, says Petroleum MinisterHe did not specify the price of the discounted Russian oil or say whether the imports would comply with a $60 per barrel cap imposed by the...
- India buyers grab discounted Russia LNG shunned by rest of worldCompanies including Gujarat State Petroleum Corp. and GAIL India Ltd. recently bought several LNG spot shipments from Russia at prices belo...
- India pays for Russian LNG imports in US dollarAn LNG shipload was received on March 25 and its payment will be due in early April. There is no indication that the payment for this cargo...
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