India—one of Asia’s biggest diesel exporters—is having to import large quantities of the industrial fuel as its refineries gear up for new emission rules that take effect in April.
The country imported 293,000 tons of diesel in December, a fivefold jump from November, figures from data intelligence firm Kpler show. However, it remained a net exporter of the fuel. Most of the imports are likely to be ultra low-sulfur grades that comply with the Bharat Stage VI standards, which mandate a maximum sulfur content of 0.001% in fuel for road vehicles.
The signing ceremony took place in Tashkent, ahead of the Government of Uzbekistan’s participation in MINExpo INTERNATIONAL, the mining industry’s largest global event, taking place in Las Vegas.
View ArticleIndustry updates and weekly newsletter direct to your inbox!