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Topic: world 4 source items · 3 outlets 1 min read

India dispatches 60,000 metric tons of gasoline to Russia

Indian sources confirm that at least 60,000 metric tons of gasoline have been shipped to Russia to address domestic fuel shortages. The Kremlin is also negotiating with several other countries to secure additional supplies at acceptable prices.

Amalgamated from Livemint (opens in new tab), Times of India (opens in new tab), Times of India (opens in new tab), NDTV (opens in new tab)

India has dispatched at least 60,000 metric tons of gasoline to Russia, according to reports from Livemint and the Times of India. The shipment is intended to address domestic fuel shortages within the Russian market.

According to Livemint, the delivery involves two tankers, with each vessel carrying a parcel of approximately 30,000 to 40,000 metric tons. These figures were provided by industry sources cited in the report.

The Kremlin stated on Tuesday that it is currently in discussions with several countries regarding the import of fuel at prices it deems acceptable. This move follows reports of increasing pressure on Russian supply chains and regional availability as a result of strikes on refining, storage, and logistics infrastructure.

While the total volume of the shipment from India has been confirmed by multiple sources, NDTV reports that it is not yet clear which specific Indian refiner is providing the gasoline.

Why this matters

The transaction highlights Russia's efforts to secure fuel supplies through third-party nations to stabilize its domestic market. It also illustrates the continued role of India as a significant partner in energy trade following disruptions to Russian infrastructure.

What's confirmed / what isn't

Multiple sources agree on the quantity of gasoline shipped from India (60,000 metric tons) and the fact that the Kremlin is seeking additional supplies. The specific identity of the Indian refinery providing the fuel remains unconfirmed by NDTV.

Background

Russia and India have significantly increased their trade in oil and other fuel products since 2022, with India becoming one of the primary markets for Russian exports.