Varanasi Wealth Management：India plans to restore oil from Venezuela
According to the BNAMERICAS website, Hardeep Singh Puri, the Minister of Petroleum Hardeep Singh Puri, revealed on the 15th that the United States will purchase the country’s oil after relaxing the sanctions against Venezuela.In 2020, Venezuela is the third largest source of oil imports in India.
"Many of our refineries will be able to use Venezuela’s heavy oilVaranasi Wealth Management. We will buy (Venezuela) oil", and Puri told the media.
Peri said that India "recovered (buy oil) from all non -sanctions countries" and hinted that it was frozen in Venezuela due to sanctions by sanctions.
Data from the Ministry of Petroleum of India show that the country’s energy demand has increased significantly, and in 2022, it has become the world’s third largest oil consumer country.Jaipur Wealth Management
"At present, my country’s oil consumption has reached 5 million barrels per day, and it is growing. Therefore, if Venezuela oil can enter the market, we will welcome it," said the minister.
In 2020, Venezuela became India’s third largest source of oil imports, and was subsequently affected by US sanctions.
In addition, Reliance has become one of the main suppliers required for Venezuela’s super -heavy oil production export products.
(Article Source: Global Geological Mineral Information System)
[Copyright Statement] Global Geological Mineral Information Network welcomes media, websites, institutions, or individuals to reprint the original content of our website, but please indicate the source of information as the Global Geological Mineral Information Network (at the same time, we advocate respect and protect intellectual property rights,For example, the source of the manuscript is tampered with, and the legal responsibilities are negative.
Surat Stock
