Maldives seeks fuels from India amid Iran war
- India is supplying fuels to Bangladesh, Nepal, Bhutan and Sri Lanka under commercial engagements
NEW DELHI: The Maldives is seeking fuel supplies from India, which is continuing to ship out fuel to neighboring countries, a spokesperson for India’s foreign ministry said on Thursday.
India, the world’s fourth biggest refiner, is supplying fuels to Bangladesh, Nepal, Bhutan and Sri Lanka under commercial engagements, said Randhir Jaiswal at a news conference.
“The government of Maldives has also reached out to us for supply of petroleum products both on short-term and long-term basis. Maldives’ request is being examined keeping in mind our own availability and our own needs,” Jaiswal said.
India secures 60 days of oil supply amid Hormuz disruption
Maldives typically sources most of its fuel from Oman, according to World Bank data. Shipping of oil and oil products from the Middle East has been disrupted by the U.S.-Israeli war with Iran, which has led to the closure of the Strait of Hormuz, a major transit point for energy supplies.
Jaiswal said India is also discussing the current energy situation with Mauritius and Seychelles. “We have not received any request from them as yet,” he said.
India is talking to Iran and other countries to secure the safe transit of its tankers stranded in the Strait of Hormuz, carrying oil and products such as liquefied petroleum gas and liquefied natural gas, Jaiswal said.
So far India has managed to move out six LPG carriers from the Gulf.
Eighteen India-flagged vessels are still stuck in the Strait, said Mukesh Mangal, additional secretary in the federal shipping ministry.
India’s non-Hormuz crude sourcing has increased to 70% of imports, oil minister says
Refiners in India, the world’s third biggest oil importer and consumer, are also preparing to buy Iranian oil after the U.S. allowed a waiver of sanctions. India last imported Iranian oil in 2019.
Sanctioned vessel Ping Shun, carrying Iranian oil, is signalling as its destination the Indian west coast port Vadinar, according to LSEG ship tracking data.
However, Indian authorities are not aware of the tanker’s arrival at Indian ports, said Mangal.
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