Rakesh Sharma
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India’s Swan To Sell LNG Terminal To Botas For $399 Million
India’s Swan Energy Ltd. plans to sell its stake in a floating liquefied natural gas terminal to Turkey’s state-run Botas for $399 million.
- Thursday August 15, 2024
- Author: Rakesh Sharma
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India’s LNG Imports Set To Slump As Monsoon Hits Power Demand
India bought some 2.6 million tons of the fuel last month, its highest since October 2020, according to Kpler data.
- Friday July 5, 2024
- Author: Rakesh Sharma, Rajesh Kumar Singh
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India’s LNG Imports Set To Slump As Monsoon Hits Power Demand
India bought some 2.6 million tons of the fuel last month, its highest since October 2020, according to Kpler data.
- Friday July 5, 2024
- Author: Rakesh Sharma, Rajesh Kumar Singh
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Indian Oil Corp Resumes Trade on Russian Sovcomflot Ships
Suezmax tanker Vladimir Tikhonov discharged around 1 million barrels of Russian flagship Urals crude at Paradip port, where Indian Oil has a refinery, on Thursday, according to Bloomberg ship-tracking data.
- Saturday May 4, 2024
- Author: Rakesh Sharma, Sharon Cho
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India Grants Marine Insurance Approval For Russian Firms
India has granted marine insurance approval to four Russian firms, adding impetus to Moscow’s efforts to avoid the use of Western service providers.
- Friday April 26, 2024
- Author: Rakesh Sharma, Julian Lee
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India Isn’t Expected to Stop Russian Oil Imports, US Official Says
The US never expected India to stop importing Russian oil as it’s in Washington’s interest to keep energy flowing to prevent any supply shocks caused by the Ukraine war, US Treasury Assistant Secretary for Economic Policy Eric Van Nostrand said.
- Friday April 5, 2024
- Author: Sudhi Ranjan Sen, Rakesh Sharma
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India Asks State Refiners To Pay For Some Oil Imports In Rupees
The Reserve Bank of India has asked the country’s major state-owned refiners to press Persian Gulf suppliers to accept at least 10% of oil payments in rupees in the next financial year, three executives at the processors said.
- Wednesday March 6, 2024
- Author: Rakesh Sharma
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India Asks State Refiners To Pay For Some Oil Imports In Rupees
The Reserve Bank of India has asked the country’s major state-owned refiners to press Persian Gulf suppliers to accept at least 10% of oil payments in rupees in the next financial year, three executives at the processors said.
- Wednesday March 6, 2024
- Author: Rakesh Sharma
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India Looks Elsewhere For Oil As US Sanctions Crimp Russia Trade
Tightening enforcement of US sanctions is denting India’s oil trade with Russia, forcing processors to consider other supplies, according to refinery executives familiar with the matter.
- Monday March 4, 2024
- Author: Rakesh Sharma, Sudhi Ranjan Sen
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LNG Tankers May Be Converted To Floating Storage In India
A Japanese-Indian consortium is considering turning two LNG tankers into floating storage and regasification units to help meet growing demand in the South Asian economy, according to two people familiar with the matter.
- Friday February 23, 2024
- Author: Rakesh Sharma
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LNG Tankers May Be Converted To Floating Storage In India
A Japanese-Indian consortium is considering turning two LNG tankers into floating storage and regasification units to help meet growing demand in the South Asian economy, according to two people familiar with the matter.
- Friday February 23, 2024
- Author: Rakesh Sharma
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Russia’s Crude Oil Delivery Problems To India Aren’t Over Yet
Nearly 15 million barrels of Russia’s Sokol crude — meant for delivery to India — are sitting on tankers idling off the coasts of Malaysia and South Korea. They show little sign of moving.
- Tuesday February 20, 2024
- Author: Julian Lee, Rakesh Sharma
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Modi Hailed As Qatar Releases Eight Indians On Death Row
Qatar released eight former Indian navy personnel who were facing death sentences in a case related to alleged spying.
- Monday February 12, 2024
- Author: Sudhi Ranjan Sen, Rakesh Sharma
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Modi Hailed As Qatar Releases Eight Indians On Death Row
Qatar released eight former Indian navy personnel who were facing death sentences in a case related to alleged spying.
- Monday February 12, 2024
- Author: Sudhi Ranjan Sen, Rakesh Sharma
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India’s State Oil Refiners In Talks With Rosneft Over Term Deals
In total, Indian refiners want to lock in about 500,000 barrels per day of Russian crude supplies, said the people, who could not be identified as negotiations are private.
- Sunday February 11, 2024
- Author: Rakesh Sharma