October 05, 2023 09:19 GMT
Russia Top Naphtha Supplier to India Jan-Sep
Russia has overtaken the UAE this year as India’s top naphtha supplier according to Vortexa figures.
- India imported 2.1mn metric tons of naphtha January-September of which 37% or 770,000 tons were Russian origin product, compared with 154,000 tons for all of 2022.
- Vortexa said naphtha supplies to India from the UAE dipped to 686,000 tons in January-September from about 697,000 tonnes in the first nine months of last year.
- Most of the Russian naphtha was imported by Reliance Industries.
- India has turned to Russian naphtha because of significant discounts versus volumes from the UAE.