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The Times of India
The Times of India
Business
Bloomberg

India in talks to increase Russian oil imports from Rosneft

NEW DELHI: India is looking to double down on its Russian oil imports with state-owned refiners eager to take more heavily discounted supplies from Rosneft PJSC as international players turn down dealings with Moscow over its invasion of Ukraine.

State processors are collectively working on finalising and securing new six-month supply contracts for Russian crude to India, said people with knowledge of the companies’ procurement plans.

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