XINDE MARINE NEWS
India's oil giant may stop chartering Chinese tankers xinde marine news Sarah Yu 2020-08-17 16:44


India's state-owned oil giant is said to have stopped chartering Chinese tankers to transport crude oil and petroleum products as relations between the two countries continue to deteriorate.

Chinese-flagged ships have been banned from taking part in tanker chartering for India's crude oil imports or refined oil exports.

The state-owned oil giant also plans to require oil traders and suppliers not to use Chinese tankers to supply India.

India's three largest state-owned energy companies, Indian Oil Corporation, Bharat Petroleum, Hindustan Petroleum Corporation Limited did not comment on the Bloomberg report.

India is currently bordered by six countries: China, Pakistan, Bangladesh, Nepal, Bhutan and Myanmar.

Source: Sarah Yu, XINDE MARINE NEWS

The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.

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