India has emerged as a key provider of gasoline (petrol) to Russia amid a surge in Russian gas imports triggered by Ukrainian drone assaults on refineries, ship monitoring information confirmed. File
| Photograph Credit score: Reuters
India has emerged as a key provider of gasoline (petrol) to Russia amid a surge in Russian gas imports triggered by Ukrainian drone assaults on refineries, ship monitoring information confirmed.
Russia’s seaborne gasoline imports surged to a file round 125,000 barrels per day (kbd) in August, equal to a projected 470,000 tonnes for the month, as repeated assaults on its refineries disrupted home gas manufacturing, based on vitality analytics agency Vortexa.
Indian refiners provided as a lot as 1 million barrels of gasoline within the final two months, commerce sources stated. The provides primarily got here from Vadinar refinery in Gujarat, operated by Nayara Power, which is half owned by Russia’s Rosneft.
Since 2022, India has pivoted in the direction of Russia to satisfy the majority of its crude oil wants — uncooked materials for making fuels like petrol and diesel.
India’s purchases of Russian crude oil hit a file excessive because the battle within the Gulf squeezes provide from different sources. India imported greater than 2.6 million barrels per day of Russian crude in June and July, up from a low of 1 million bpd in February and accounting for greater than half of the nation’s crude imports.
It is seemingly that gas exported to Russia might have been constructed from Russian crude.
Russia, one of many largest crude exporters, has to import gasoline after Ukrainian drone assaults on its vitality infrastructure led to as much as 70% drop in home manufacturing. This has triggered a gas provide crunch that has compelled Moscow to import petroleum merchandise whereas persevering with to impose restrictions on gas gross sales throughout the nation.
India, Turkey, and Morocco provided gasoline to Russia in August, as Moscow grappled with a rising mismatch between home gas provide and demand.
Russia in July prolonged its full export ban on gasoline for each producers and non-producers by the tip of January 2027. Its diesel export ban was prolonged by September 1, 2026.
Round 55%, or about 260,000 tonnes, of Russia’s imported gasoline in August arrived on sanctioned tonnage, Vortexa stated.
“All India-origin gasoline cargoes Russia imported in August have been carried on sanctioned fleets and concerned darkish ship-to-ship (STS) transfers within the Mediterranean,” it stated.
Total, round 40% of Russia’s August gasoline imports moved by way of ship-to-ship transfers, with the bulk performed at midnight, with vessels switching off their automated identification system (AIS) indicators.
Whereas gasoline imports have surged, Russian diesel exports stay severely constrained by the export ban, refinery injury and disruptions at gas terminals.
Vortexa stated 32 assaults have been carried out on Russian refineries throughout July and August, roughly one each different day.
Russia’s seaborne diesel/gasoil exports have been round 150,000 bpd in August by August 25, flat month-on-month however down 610,000 bpd from a 12 months earlier and 81% beneath the five-year seasonal common, Vortexa stated, including that Russia is more likely to proceed importing some gasoline volumes within the close to time period, reflecting its traditionally decrease gasoline-to-diesel manufacturing yields.
Printed – August 30, 2026 11:40 am IST
