Tag: STS activity
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India: Gulf naphtha flows improve sourcing flexibility amid Hormuz disruptions
Gulf naphtha exports to Asia reach 1.6 mnt West coast transfers improve sourcing options for Indian buyers Increased naphtha exports from the UAE and Kuwait through ship-to-ship (STS) transfers outside the Strait of Hormuz are improving feedstock availability for Asian petrochemical producers, with some transfers taking place off India’s west coast, according to trade sources.…