vadinar

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    Vadinar Cargo Route: Minister Clarifies Supply Chain

    Petroleum and Natural Gas Minister Hardeep Singh Puri stated that news reports and social media posts claiming that an Iranian crude cargo was diverted from Vadinar, India, to China due to payment issues are factually incorrect. In a social media post, Mr. Puri stated that amid disruptions in...
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    India's Oil Supply Chain: Flexibility Amid Middle East Disruptions

    New Delhi, April 4 India said on Saturday that there were no payment issues with Iran for crude imports, and that refiners continue to source oil from the country, as well as from a wide range of global suppliers.In a post on X, the Ministry of Petroleum and Natural Gas dismissed reports that...
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    Oil Trade Shift: Tanker Changes Destination Amid Payment Concerns

    New Delhi, April 3 A tanker sanctioned by the US, carrying Iranian crude oil, has rerouted mid-voyage from its previously indicated destination of India – where it would have marked the first such shipment in nearly seven years – to China.The Aframax tanker Ping Shun, built in 2002 and...
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    Iran-India Oil Trade Resumes Amid Sanctions Easing

    New Delhi, March 31 India's first shipment of Iranian crude oil since 2019 may be heading towards a port in Gujarat, according to ship tracking data.Indian refiners have been looking to purchase a few cargoes of Iranian oil following the recent sanctions waiver by Washington."The...
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