India’s refiners have largely been avoiding sending tankers into the Middle East Gulf to pick up cargoes directly inside the Strait of Hormuz, with some taking cargoes via ship-to-ship (STS) transfer in the Gulf of Oman and others preferring that cargoes be delivered into Indian ports, senior industry officials told Energy Intelligence.
India Refiners Skirt Hormuz, Opt for Gulf of Oman or Delivered Cargoes
Security concerns have seen India’s refiners largely avoid sending tankers into the Mideast Gulf, but steadier volumes from the region could ease dependency on Russian imports.
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