Indian Government Refiners to Buy Less Iran Oil in 2017 18

Related Articles

Kazakhstan Plans to Double Oil Refining Capacity by 2040

2 days ago

China’s Teapots Fire up again as Beijing Opens the 2026 Oil Spigot

1 week ago

India’s Refiners Turn to the U.S. in Break from the Gulf

3 weeks ago

India`s state refiners plan to buy less Iranian oil in 2017 18 compared with the last fiscal year. Oil Minister Dharmendra Pradhan said on Wednesday.
Iran has offered a credit period of 60 days for oil purchases in the current fiscal year. Pradhan told lawmakers in a written response. In 2016 17. Iran had offered 90 days credit period.
The minister said state oil refiners import oil as per commercial and operational consideration. He did not elaborate further.
India`s state refiners have cut oil import plans from Iran by a quarter in the year to March 2018. sources earlier told Reuters.