Kuwait extends oil supply deal for Indian refiners to March: Report
NEW DELHI/SINGAPORE (Reuters) – Kuwait has extended oil supply contracts for Indian refiners by three months to March 2022 due to a delay in the commissioning of its 615,000 barrel-per-day Al-Zour refinery, according to people with knowledge of the matter.
This year, Kuwait had shortened an annual oil supply deal with Indian refiners to 9 months ending in December.
Kuwait Petroleum Corp has told buyers in India that their contracts would be extended to March 2022, sources said.
The sources did not elaborate on when the new Kuwaiti refinery would begin operating. KPC did not respond to a request for comment.
