India set to boost Russian energy imports – media ...News

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India set to boost Russian energy imports – media
source : Russia Today ( News ) () 37
Importers want to take advantage of discounts on oil and coal Indian importers plan to increase purchases of Russian crude oil and coal at discounted prices, media reports have stated. According to The Economic Times, India’s state-owned oil refiners plan to boost Russian imports, shifting their purchasing strategy from tenders to negotiated deals in order to get larger discounts. “In the coming weeks, Indian importers expect an increase in oil purchases from Russia. Due to the events in Ukraine and the outbreak of Covid-19 in China, India can get more oil at a more attractive price than before,” the publication s

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