News > India refiners skip Rosneft crude tenders on 'biased' terms: Reports 

India refiners skip Rosneft crude tenders on 'biased' terms: Reports 

Business Standard | 22/04/2022 10:51 AM | Click to read full article

India's state refiners did not submit bids in tenders issued by Russia's top oil producer Rosneft as the terms were "one-sided", two sources familiar with the matter said on Thursday.

Rosneft on Wednesday issued tenders to sell a total of 6.5 million tonnes of the Urals, Siberian Light, Sokol, and ESPO Blend crude for loading in May-June and had asked for roubles and full prepayments, sources told Reuters.