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Russia offers oxygen, Remdesivir, shipments likely in 15 days: Report

India has banned export of Remdesivir and has waived customs duty on import of the drug. For oxygen, the Centre plans to import 50,000 MT of medical oxygen to meet demand.

April 23, 2021 / 09:45 AM IST
The demand of oxygen has shot up due to increasing cases of COVID-19 in India

The demand of oxygen has shot up due to increasing cases of COVID-19 in India

Russia has offered to provide India medical-grade oxygen as well as anti-viral drug Remdesivir and imports are likely to begin in the next 15 days, as the country struggles with a shortage of these products with a record-breaking surge in coronavirus cases, a report has said.

“Russia has offered to supply 300,000-400,000 Remdesivir injections per week and the numbers can go up. Also, oxygen supply will start via ship soon,” The Economic Times reported an official as saying.

Moneycontrol could not independently verify the report.

“Russia has said it can begin Remdesivir supplies in the next 15 days,” a second official said.

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India has banned the export of Remdesivir and has waived customs duty on the import of the drug. It is also considering extending the expiry date of the medicine, the report said.

For oxygen supply, the government estimates peg daily capacity increase of 1,800 metric tonne (to 7,800 MT) from 6,000 MT a few weeks back—the daily use of medical oxygen has jumped to 4,000 MT.

Also read: Explained: Key things to know about Remdesivir's shortage and what government is doing about it

The quick capacity jump is largely due to diversion of industrial oxygen towards medical facilities. Further, the Centre plans to import 50,000 MT of medical oxygen to meet demand.

The supply of oxygen from the UAE is likely to be hindered due to a lack of adequate number of cryogenic tankers or ISO tankers to transport oxygen in India, the second source added.

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Moneycontrol News
first published: Apr 23, 2021 09:40 am
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