Foreign Trade

Indian State Refinery MRPL Charters Vessel to Import Iraqi Crude After Hormuz Reopening

Mangalore Refinery and Petrochemicals (MRPL) has become the first Indian state refinery to charter a vessel to import Iraqi crude following the partial reopening of the Strait of Hormuz. The company booked the Aframax tanker Jasmin Joy to receive the cargo at the Basra terminal between July 19 and 20. MRPL operates a 300,000 barrels per day refinery in Karnataka, southern India.