Guyana's crude is finding a growing market in India, with the country importing 297,000 barrels per day from Guyana in January as Indian refiners expand their crude slate to include light to medium sweet grades from the Stabroek Block, OilNow reported.

Indian Oil Corporation and Hindustan Petroleum Corporation have both lifted cargoes from Guyana, distributing shipments across multiple refinery facilities depending on operational needs and configuration. Indian Oil's Paradip Refinery, one of India's most advanced facilities with a capacity of around 15 million tonnes per year, is among those suited to processing lighter imported grades. Hindustan Petroleum's Visakhapatnam refinery has also undergone expansion to handle a wider crude slate.

Guyana's light to medium sweet crude is attractive to Indian refiners because it yields higher volumes of valuable refined products such as gasoline and diesel while requiring less intensive processing than heavier sour crudes, making it suited for refineries aiming to maximise efficiency and meet fuel standards.

The shipments come as Guyana's offshore output approaches 1 million barrels per day across four producing developments in the Stabroek Block. India's growing energy demand, driven by industrial growth, transport and urbanisation, is creating sustained appetite for reliable crude suppliers, and Guyana is positioning itself as a long-term option for one of the world's fastest-growing energy markets.

 

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