{"id":412017,"date":"2021-04-26T09:41:49","date_gmt":"2021-04-26T04:11:49","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=412017"},"modified":"2021-04-26T10:55:07","modified_gmt":"2021-04-26T05:25:07","slug":"india-in-talks-with-guyana-for-long-term-crude-supply","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/india-in-talks-with-guyana-for-long-term-crude-supply\/","title":{"rendered":"India in talks with Guyana for long-term crude supply"},"content":{"rendered":"<p>GEORGETOWN\/NEW DELHI : India, the world&#8217;s third-largest crude consumer and importer, has approached Guyana&#8217;s government about a possible long-term deal to buy the South American country&#8217;s oil, a Guyanese official said. <\/p>\n<p>India has expressed interest in buying one of the 1 million-barrel cargoes Guyana&#8217;s government is entitled to in order to test the crude in its refineries, according to Guyana&#8217;s Natural Resources Minister Vickram Bharrat. If the crude is compatible, the parties could begin talks on a long-term arrangement. <\/p>\n<p>India&#8217;s oil demand has risen by 25% in the last seven years, more than any other country, and officials there have pledged to use the country&#8217;s position as a leading purchaser as a &#8220;weapon&#8221; in an effort to keep prices low.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GEORGETOWN\/NEW DELHI : India, the world&#8217;s third-largest crude consumer and importer, has approached Guyana&#8217;s government about a possible long-term deal to buy the South American country&#8217;s oil, a Guyanese official said. India has expressed interest in buying one of the 1 million-barrel cargoes Guyana&#8217;s government is entitled to in order to test the crude in its refineries, according to Guyana&#8217;s Natural Resources Minister Vickram Bharrat. If the crude is compatible, the parties could begin talks on a long-term arrangement. India&#8217;s oil demand has risen by 25% in the last seven years, more than any other country, and officials there have [&hellip;]<\/p>\n","protected":false},"author":40,"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-412017","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\/412017","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=412017"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/412017\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=412017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=412017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=412017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}