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Global LPG Report
Government initiatives to encourage India’s LPG use by households has given a steady boost to demand, and recently improved economic data should encourage that growth to continue.
Tags: Economy, India, lpg, petchem -
Global Oilseed Weekly
Trade frictions between India and Malaysia over the latter’s stance on Kashmir has impacted palm oil. India has largely turned to Indonesia, while Malaysia may have too look to China as a destination.
Tags: china, India, Kashmir, Malaysia, Oilseed, palm oil -
Venezuela – less volume, more shenanigans
Venezuela up until now was one of the leading global suppliers of heavy crude oil, keeping the coffers of President Nicolas Maduro flush with cash. With some of the richest deposits of oil in the world, it should be no surprise that one of the founding members of OPEC gets the vast majority of its […]
Tags: china, India, Maduro, Nynas Petroleum, oil, pdvsa, Repsol, Venezuela oil exports -
Omani Crude Caught in Chinese Tractor Beam
Oman’s crude exports in November increased to just under a million barrels per day, the highest level since September 2018, with deliveries to China hitting a record high. Omani crude typically heads to only about a dozen destinations, with China accounting for the lion’s share. Last month, however, the East Asian nation accounted for nearly […]
Tags: china, China crude oil imports, East Asia, India, Japan, Oman, Oman oil exports, South Korea, taiwan -
Indian Crude Imports Hitting High for the Year
India’s crude imports so far in October are above 5 million barrels per day – their highest monthly pace so far this year and up over 30 percent versus last month. The increase is driven by oil flows from Arab countries other than Iraq and Saudi Arabia, which are normally seen as the top suppliers. […]
Tags: COSCO, IMO 2020, India, Iran, Nigeria, sanctions, sulfur, WTI -
LNG South Asia Market Analysis
India imported 1.87 million tons of LNG in September, with 32 vessels arriving at different terminals across the country. Petronet procured 11 vessels, while there were seven for Gail, six for GSPC, three for Reliance, two for IOC and one each for Essar Steel, Torrent Power and BPCL. In terms of suppliers, the Middle East […]
Tags: India, LNG, Pakistan -
Beyond 2020: In the Markets – The Great Eastern Shipping Company of India to Start Scheduled Fuel Tank Cleaning
Starting in June, The Great Eastern Shipping Company Limited, based in Mumbai, India, scheduled fuel tank cleanings for vessels that have not installed scrubbers to ensure safe and cost-efficient fuel switchover ahead of the IMO sulfur cap.
Tags: CPP, fuel, IMO 2020, India, Mumbai, scrubbers, Shipping