{"id":343935,"date":"2020-03-28T11:19:32","date_gmt":"2020-03-28T05:49:32","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=343935"},"modified":"2020-03-28T11:19:32","modified_gmt":"2020-03-28T05:49:32","slug":"indian-oil-mangalore-refineries-declare-force-majeure-to-curb-mideast-oil-supply","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indian-oil-mangalore-refineries-declare-force-majeure-to-curb-mideast-oil-supply\/","title":{"rendered":"Indian Oil, Mangalore Refineries declare force majeure to curb Mideast oil supply"},"content":{"rendered":"<p>NEW DELHI: Two Indian refiners declared force majeure on crude purchases from the Middle East on Friday after fuel demand plummeted due to a nationwide lockdown to stem the spread of coronavirus and the companies&#8217; tanks are full, sources said.<\/p>\n<p>Prime Minister Narendra Modi has asked India&#8217;s 1.3 billion people to stay indoors for three weeks in the world&#8217;s biggest lockdown, shutting down Asia&#8217;s third-largest economy and leaving millions of economically vulnerable people without work.<\/p>\n<p>This has led to a sharp decline in local fuel demand, leading companies to cut crude refining as their storage tanks are full to the brim.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Two Indian refiners declared force majeure on crude purchases from the Middle East on Friday after fuel demand plummeted due to a nationwide lockdown to stem the spread of coronavirus and the companies&#8217; tanks are full, sources said. Prime Minister Narendra Modi has asked India&#8217;s 1.3 billion people to stay indoors for three weeks in the world&#8217;s biggest lockdown, shutting down Asia&#8217;s third-largest economy and leaving millions of economically vulnerable people without work. This has led to a sharp decline in local fuel demand, leading companies to cut crude refining as their storage tanks are full to the [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-343935","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/343935","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=343935"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/343935\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=343935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=343935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=343935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}