Tag Archives: India

India’s refining capacity would increase to about 439 million tonnes per year by the financial year of 2030.

The US administration pulled out of the landmark 2015 nuclear deal with Iran on May 8.

The amendment was prompted by the Directorate General of Hydrocarbons.

Despite the lower purchases. Iran remained the third biggest oil supplier to India in August.

Iran’s key customers in Asia—no.1 China and no.2 India—are not expected to cut off their imports of Iranian oil.

Shell India has acquired land for 150-200 sites across the country and operates around 120 retail outlets.

The moves by the two top buyers of Iranian crude indicate that Iran may not be fully cut off from global oil markets from November.

Over the next seven year the government plans to build another 11 terminals which would raise India’s LNG import capacity.

Trump has threatened that anyone trading with Iran will not do business with America.

India has an ambitious goal of installing 175GW of renewable energy by 2022.