Indian Oil Corp, the country’s top refiner, has made its first purchase of Guyana’s Liza light sweet crude as it seeks to diversify its crude purchases, a source familiar with matter said.
The 1 million-barrel cargo will set sail around July 4 on Greece-flagged tanker Militos for India’s Paradip port, where it is set to arrive around August 8, according to Refinitiv data.
