IOC Chief Calls for Stronger Indian Shipping Fleet to Cut Crude Oil Import Costs

India needs to strengthen its domestic shipping fleet and expand crude oil and liquefied petroleum gas (LPG) storage capacity to help refiners maximise the benefits of discounted crude imports, Indian Oil Corporation (IOC) Chairman A S Sahney said on Tuesday. Speaking at the Energy Technology and Innovation Meet in Goa, Sahney highlighted the growing burden … Continue reading IOC Chief Calls for Stronger Indian Shipping Fleet to Cut Crude Oil Import Costs