{"id":531083,"date":"2022-10-21T09:39:28","date_gmt":"2022-10-21T04:09:28","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=531083"},"modified":"2022-10-21T10:16:15","modified_gmt":"2022-10-21T04:46:15","slug":"india-to-soon-sign-long-term-deal-to-export-oil-from-namibia-report","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/india-to-soon-sign-long-term-deal-to-export-oil-from-namibia-report\/","title":{"rendered":"India to soon sign long-term deal to export oil from Namibia: Report"},"content":{"rendered":"<p>As a part of India&#8217;s energy diversification playbook, it may soon secure a long-term crude oil supply deal from Namibia. According to a report by Mint, the development comes against the backdrop of oil discoveries by French oil majors TotaEnergies and Shell Plc.<\/p>\n<p>Recently, Indian Oil Corp (IOC) signed a deal to procure oil from Colombia&#8217;s Ecopetrol SA and Brazil&#8217;s Petroleo Brasileiro SA (Petrobras).<\/p>\n<p>&#8220;There has been a huge find in Namibia in February this year. We get some oil from Namibia but not in large quantities. This is a long-term contract that we are looking for as it sequesters us from the vagaries of the global energy markets,&#8221; an official aware of the matter told Mint.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As a part of India&#8217;s energy diversification playbook, it may soon secure a long-term crude oil supply deal from Namibia. According to a report by Mint, the development comes against the backdrop of oil discoveries by French oil majors TotaEnergies and Shell Plc. Recently, Indian Oil Corp (IOC) signed a deal to procure oil from Colombia&#8217;s Ecopetrol SA and Brazil&#8217;s Petroleo Brasileiro SA (Petrobras). &#8220;There has been a huge find in Namibia in February this year. We get some oil from Namibia but not in large quantities. This is a long-term contract that we are looking for as it sequesters [&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":[135,130,169],"tags":[],"class_list":["post-531083","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/531083","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=531083"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/531083\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=531083"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=531083"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=531083"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}