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India Secures Another Hormuz Transit as LPG Tanker Green Sanvi Clears the Strait

Selective Iranian clearances signal fragile relief for India’s gas supply.

Overview

  • India’s government said Saturday that the India-flagged Green Sanvi crossed the Strait of Hormuz on Friday night carrying about 46,650 tonnes of LPG, marking the seventh such India-linked LPG transit.
  • Officials and tracking data report seven to eight successful India-linked crossings since late February, while roughly 17 Indian vessels remain west of the strait and two LPG carriers, Green Asha and Jag Vikram, are reported as preparing to move.
  • New Delhi rejected claims that a tanker of Iranian crude diverted to China due to unpaid bills, saying course changes like the Ping Shun’s shift to Dongying can reflect trade optimisation rather than payment hurdles.
  • The petroleum ministry said an Iranian LPG cargo on the Sea Bird berthed at Mangalore on April 2 and is discharging, helped by a temporary U.S. sanctions waiver that has allowed some Iranian energy already at sea to be delivered.
  • India has leaned on alternative supplies as Gulf flows faltered, with Russian crude imports rising to about 2.0 million barrels per day in March even as discounts narrowed, underscoring that logistics, insurance and war-risk costs still threaten energy security.