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Indian state refiners in talks for long-term oil import deal with Russia, government source says

By Economic Times - 2 months ago
India's state refiners are in talks with Russia for a long-term oil import deal, with discussions ongoing regarding terms like payment currency, according to a government source. The negotiations involve state refiners collectively, while private refiners Nayara Energy and Reliance Industries have already secured term agreements for Russian oil imports.

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