European nations remain biggest importers of Russian energy Posted on March 24, 2022 by cngpump For Financial Year 2020-21, India’s oil imports stood at 1440.3 million barrels; while for the current FY, India has already imported 1289.3 million barrels i.e. 175.9 MMT. Related posts: Oil importers India, Thailand to be hit hardest by Ukraine crisis among APAC nations : S&P CERAWEEK-U.S. energy secretary urges companies to boost oil, gas output European Union seeks answers to energy supply crunch, U.S. LNG deal India’s Nayara Energy buys Urals after 1 year Russian natural gas flows steady on key pipelines to Europe Bondholders stare at mark-to-market losses after Nayara Energy downgraded Russia’s war idles some European mills as energy costs soar Oil price falls 5 per cent, cools down from Russian oil shock rally India’s February fuel demand rises 5.4% year-on-year Fertiliser subsidy may exceed RE by Rs 10K cr; fiscal deficit to remain close to 6.9% in FY22