India has purchased its first cargo of Iranian liquefied petroleum gas in years after the United States temporarily lifted sanctions on Tehran’s oil and refined fuel exports, Reuters reported on Wednesday, citing LSEG trade flows and three industry sources.
The cargo, which was bought from a trader and paid for in rupees, was initially bound for China but was rerouted to arrive at the west coast port of Mangalore via the “shadow fleet” tanker Aurora, according to the report. The shipment will be shared among state fuel retailers Indian Oil Corp, Bharat Petroleum Corp, and Hindustan Petroleum Corp.
A government official told the news outlet that he was unaware of any such deal. “(There are) no loaded cargoes from Iran, we have not heard of that,” Rajesh Kumar Sinha, special secretary in the federal shipping ministry, said at a Wednesday press conference, according to Reuters.
The purchase comes as India grapples with severe supply disruption after the U.S.-Israeli war with Iran affected energy shipments through the Strait of Hormuz. The South Asian country, the world’s second-largest LPG importer, is facing its worst gas crisis in decades, with the government cutting supplies to industry in an effort to protect household cooking-gas needs, the news agency said.
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