Pertamina expands gasoline sourcing, excludes Singapore from two H2 2025 tenders

Pertamina, the biggest Indonesian state-owned gasoline importer, has broadened the geographical origin for cargoes in its latest second-half 2025 term tenders, subject to a list of approved countries, while excluding its top supplier Singapore from two of the five tenders with a total implied...

https://www.hellenicshippingnews.com/pertamina-expands-gasoline-sourcing-excludes-singapore-from-two-h2-2025-tenders/

Egypt in talks to buy 40-60 LNG cargoes this year amid energy crunch, sources say

Egypt is in talks with international energy firms and trading houses to buy 40-60 cargoes of liquefied natural gas (LNG) to secure emergency fuel imports amid a worsening energy crunch ahead of peak summer demand, three sources aware of the matter told Reuters. Egypt’s domestic gas output fell in...

https://www.hellenicshippingnews.com/egypt-in-talks-to-buy-40-60-lng-cargoes-this-year-amid-energy-crunch-sources-say/

Kufpec offers LNG cargo from Australia’s Wheatstone plant for July loading

Kuwait Foreign Petroleum Exploration Company (KUFPEC) has offered a liquefied natural gas (LNG) cargo for loading from Australia in mid-July, said two industry sources on Thursday. The cargo is offered from the Wheatstone plant in Australia for loading on July 14-17, in a tender that closes on May...

https://www.hellenicshippingnews.com/kufpec-offers-lng-cargo-from-australias-wheatstone-plant-for-july-loading/

Japanese refiners see OPEC+ output hike impeding crude import diversification efforts

Japan may struggle to achieve the goal of reducing its overdependence on Middle Eastern crude, as OPEC+’s recent stance to increase output makes Persian Gulf barrels more economical than US or other arbitrage cargoes. In recent years, the Japanese refining industry has emphasized the necessity of...

https://www.hellenicshippingnews.com/japanese-refiners-see-opec-output-hike-impeding-crude-import-diversification-efforts/

India’s Russian oil imports hit 10-month high on strong demand for ESPO crude

India’s Russian crude oil imports will hit close to 1.8 million barrels per day in May, the highest in 10 months, ship tracking data from Kpler showed, after refiners snapped up more light grades such as ESPO Blend. The robust demand for the lighter Russian grades in the world’s third biggest oil...

https://www.hellenicshippingnews.com/indias-russian-oil-imports-hit-10-month-high-on-strong-demand-for-espo-crude/

China’s fuel oil imports rebound in April after sharp drop in March

China’s fuel oil imports edged higher in April versus the previous month when it logged a sharp drop, but still compared lower than the same month a year ago, customs data showed. Fuel oil imports totalled 1.83 million metric tons for April, or about 386,800 barrels per day (bpd), recovering to a...

https://www.hellenicshippingnews.com/chinas-fuel-oil-imports-rebound-in-april-after-sharp-drop-in-march/