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Albania has significantly increased the import of oil from India, but the international media write that the oil that India exports is Russian oil...
Today, a news circulated that there has been a significant increase in the import of oil from India in Albania.
According to data from the Ministry of Finance, 614 thousand tons of fuel were imported in 2023, with an annual increase of 10.3%. The main supplier of Albanian importers, the multinational company OMV, is now buying oil from Indian refineries.
Sources from the Fuel Association claimed that India has large oil refineries and the supply is being made due to reasonable prices. The wholesalers announced that the main supplier of the Albanian importers is the multinational company OMV, which buys oil in markets that appear fissile in prices.
But the international media has released a news, where we inform that the oil that India exports is Russian oil. Moscow uses India to ship its oil to many countries.
According to CNN , Russia is entering the third year of the war in Ukraine with an unprecedented amount of money in government coffers, boosted by a record $37 billion sale of crude oil to India last year. This oil was then expertized by India in many countries, including apparently in Albania. Also, a large amount has gone to the USA and EU countries.
" This flow of payments, ultimately benefiting Moscow, comes from India increasing its purchases of Russian crude by more than 13 times its pre-war amount, according to analysis by the Center for Research on Clean Energy and Air (CREA) " , writes CNN.
While according to the " Economic Times ", over a third of India's export of oil products to the countries of the coalition led by the G7 derives from Russian crude oil.
According to the article, countries that have imposed sanctions on Russia have banned normal oil, but have made concessions on crude, and India has come into play. The latter receives crude oil, refines it and then sells it to Russia's "enemy" countries. It seems that Albanian companies have also benefited, as the USA, EU countries, Australia, etc. have done the same. / Pamphlet
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