India Diversifies Its Crude Oil Imports with Brazil
India Intensifies Efforts to Increase Crude Oil Purchases from Brazil Despite Competition from Discounted Russian Oil and Logistical Challenges Related to Maritime Transport
| Countries | Brésil, Chine, Inde, Russie |
|---|---|
| Sector | Pétrole |
| Theme | Politique & Géopolitique, Sécurité énergétique |
India strengthens its strategy to diversify its crude oil sources by turning to Brazil. This initiative arises in a context of increased tensions in the Middle East, pushing the Asian country to seek reliable alternatives to secure its energy supplies. India’s Petroleum Minister, Hardeep Singh Puri, recently visited Brazil to discuss expanding crude oil purchases and explore collaboration opportunities in deepwater and ultra-deepwater exploration and production projects.
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