Tag: imports
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Bangladesh resumes red diesel imports from India after a 3-year hiatus
Bangladesh has resumed red diesel imports from India after a 3-year hiatus, as part of a deal signed between Bangladesh Petroleum and Indian Oil. Bangladesh Petroleum received the first shipment of the total deal, which provides for the supply of about 333,000 metric tons of red diesel (a low grade of diesel) with a sulfur…
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Chinese refineries are preparing to increase their imports of Russian oil
Chinese refineries continue to receive flows of Russian oil, and Beijing is seeking to increase the pace of those flows in the coming times, through unannounced official moves with representatives of those refineries. The increase in China’s imports of Russian oil reflects Moscow’s success in providing markets that can absorb its crude, instead of Europe,…