Calculate Embedded Emissions for Unwrought Aluminium (HS7601)

Enter your input

Payable emissions (tCO₂e/t)

Total CBAM Cost (€)

Notes:
There may be a difference when calculating the price with respect to import volume, carbon price, and benchmark emissions, as the embedded formula may result in minor variations due to decimal rounding. Therefore, the actual value may vary.

CBAM is applicable to trade volumes starting from 50 metric tonnes. For trade volumes below 50 metric tonnes, CBAM does not apply.

Usage Procedure – How to use the CBAM Calculator Sheet

Enter or update values only in the INPUT
PARAMETERS section (Highlighted in blue) , including
the carbon price, benchmark emissions, CBAM
chargeable percentage (as per the phase-in year),
and imported quantity.

The system will automatically calculate the payable
emissions and the total CBAM cost (€) based on the
inputs provided.

Notes:
• Change any input value to automatically update CBAM cost.
• Formula used: Carbon price × payable emissions × quantity.
• Model aligned with CBAM supplier-side illustrative methodology.

04 JUNE 2026 AL CIRCLE

Russia, UAE anchor India’s energy security as crude oil, LNG and LPG imports recover

EDITED BY : NILANJANA BANERJEE 2MINS READ

India Russia UAE

The image used in this article is generated with an AI tool and does not depict any real-time moment

India’s crude oil and liquefied petroleum gas (LPG) imports have shown signs of recovery in May 2026 after supply disruptions caused by the Middle East conflict affected inflows during March and April. Liquefied natural gas (LNG) supplies have largely improved, outpacing the pre-conflict levels. Russia and the United Arab Emirates (UAE) emerge as the top suppliers to the nation.

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Crude oil imports rose to around 4.9 million barrels per day (mbd) in May, indicating a month-on-month surge of 8.89 per cent compared to the 4.5 mbd (approx.) sourced during March and April. However, import volumes remained below the 5.2 mbd recorded in February, indicating that supply chains are yet to fully return to pre-conflict levels.

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Interestingly, LNG import volumes recovered more strongly, surpassing the February volumes and helping maintain comfortable inventory levels.

Russia continued to be India’s largest crude oil supplier in May, while the UAE emerged as the second-largest supplier, followed by Saudi Arabia, Brazil and Venezuela. Russian crude remained a crucial resource to Indian refiners due to competitive pricing, reliable availability and logistical flexibility amid continuing market uncertainty.

According to market analysts, sustained purchases of Russian crude helped India reduce exposure to supply disruptions around the Strait of Hormuz and limited dependence on higher-cost Atlantic Basin cargoes.

LNG imports remained broadly stable despite temporary fluctuations. Kpler data showed that Qatar’s share in India’s LNG imports has declined in recent months, while supplies from the US, Oman, Nigeria and Angola have become increasingly important.

India has managed to navigate through supply challenges with a combination of diversified sourcing, increased arrivals from Atlantic Basin suppliers, inventory management and demand-side measures. However, prolonged disruptions could result in greater reliance on energy supplies from Russia, the US, Africa and Latin America.

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