Chevron Turns to India for Jet Fuel After California Refinery Fire Fallout
4 Articles
4 Articles
Chevron Turns to India for Jet Fuel After California Refinery Fire Fallout
India has shipped its first-ever cargo of jet fuel bound for the U.S. West Coast for Chevron amid favorable arbitrage economics and increased import demand following a fire at the supermajor’s refinery in the Los Angeles area in October. The Hafnia Kallang oil product tanker departed at the end of October from the Indian port of Sikka, from where India’s industrial conglomerate Reliance Industries ships cargoes from its huge Jamnagar refinery, …
India Sends First Jet Fuel Cargo To US West Coast
India has exported jet fuel to the United States’ West Coast for the first time, marking a notable milestone in the country’s refined petroleum trade. The shipment was dispatched to energy major Chevron following supply disruptions in California. Historic Shipment from Jamnagar Aviation turbine fuel amounting to 60,000 metric tons departed from Jamnagar port between 28 and 29 October. The cargo originated from Reliance Industries’ refinery compl…
India ships first jet fuel cargo to US West Coast, traders say
New Delhi: India has exported its first-ever jet fuel cargo to the U.S. West Coast for energy major Chevron , according to trade sources and shipping data, seizing upon a rare arbitrage opportunity to fill supply shortfalls in Los Angeles. US West Coast jet fuel production has been curtailed since October, after a fire at Chevron’s 285,000 barrel-per-day El Segundo refinery in southern California forced the company to take multiple units offline…
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