• Thursday, December 13, 2018

Iran Assures India On Oil Supply Day After Diplomat's Warning

Discussion in 'Indian Defence Forum' started by $@rJen, Jul 12, 2018.

  1. $@rJen

    $@rJen BANNED

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    Iran Assures India On Oil Supply Day After Diplomat's Warning
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    Iran said it will will do its best to ensure security of oil supply to India by offering various flexible measures which facilitate bilateral trade, particularly Indian exports to Iran.
    All India | Press Trust of India | Updated: July 12, 2018 09:13 IST

    by Taboola
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    [​IMG]
    Gas flares from an oil production platform are seen at the Soroush oil fields in Iran. (Reuters)

    New Delhi:
    Highlights
    1. Iran said it would offer various flexible measures to India
    2. It was for India to choose its energy partners, Iran said
    3. India is yet to take a call on complying with US sanctions on Iran
    PROMOTED
    Iran today said it will do its best to ensure security of oil supply to India, asserting that it has been a reliable energy partner for New Delhi.

    The clarification by Iranian Embassy came a day after Iran's Deputy Ambassador and Charge d'Affaires Massoud Rezvanian Rahaghi cautioned New Delhi that it will stand to lose "special privileges" if it cuts import of Iranian oil following US sanctions.

    It said Iran understands the difficulties being faced by New Delhi in dealing with the unstable energy market and that it was for India to choose its energy partners, taking into account various factors like geopolitical considerations and reliability of the oil suppliers.

    The embassy said Iran will do its best to ensure security of oil supply to India by offering various flexible measures which facilitate bilateral trade, particularly Indian exports to Iran.

    In an address at a seminar yesterday, Rahaghi said Iran will end the privileges being provided to India if it tries to source oil from countries like Saudi Arabia, Russia, Iraq, the US and others to offset cuts in Iranian oil import.

    The Trump administration brought back sanctions against Iran after pulling out the US from the Iran nuclear deal in May. The US has told India and other countries to cut oil imports from the Gulf nation to "zero" by November 4 or face sanctions.

    India is yet to take a call on complying with the US sanctions on Iran.

    "Iran has always been a reliable energy partner for India and others, seeking a balanced oil market and rational prices of oil which ensure the interests of both countries as consumer and supplier," the embassy said in a statement.

    Mr Rahaghi had also criticised India for not fulfilling its promise of making investments in the expansion of the strategically located Chabahar port

    On Chabahar, the embassy said Iran has always welcomed Indian initiatives in the project.

    "However, due to the importance of the issue, Iran has frequently emphasised on expediting Indian investment, and pushing Indian partner companies to accelerate their engagement in execution of the projects," it said.

    The embassy said Iran and India share the same understanding towards many global and regional challenges and cooperate harmoniously in many international fronts.
     
  2. manga

    manga FULL MEMBER

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    Who wants to loose on their biggest customer, iran will throw in some more flexible deals to keep indian order

     
  3. $@rJen

    $@rJen BANNED

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    of course... but the issue is Iran should control some stray dogs who issue statements against India without thinking the consequences
     
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  4. Skull and Bones

    Skull and Bones ELITE MEMBER

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    A mutually beneficial trade relation both party should strive for. Long live Indo-Iran relation.
     
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  5. Mustang06

    Mustang06 FULL MEMBER

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    It's a win win for both countries. Some weirdo in the USA shouldn't dictate our foreign policy.
    Plus IIRC there was news for waiver in the sanctions for oil imports. I'll post the link if I find it!
     
  6. BHarwana

    BHarwana ELITE MEMBER

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    LOL even Iran is playing carrot and stick with India hahahaha.
     
  7. The BrOkEn HeArT

    The BrOkEn HeArT BANNED

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    Nobody can play with India's foreign policy . You guys should read and research on India's foreign policy before commenting nonsense. Your own deplomats , politicians and think tanks are giving suggestions to your govt to learn from India on foreign diplomacy.
    Dont behave like immature kids everytime.
    Research and learn.
     
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  8. Areesh

    Areesh ELITE MEMBER

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  9. Tshering22

    Tshering22 ELITE MEMBER

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    Iran is not going to abandon us and neither will we be abandoning them. We need Iran for more than just Central Asia and reliable oil supplies.

    USA is not someone you would call a reliable partner. In the time since we established ties with Soviet Union, USA has dated and annihilated over half a dozen countries through their friendship (all non-western interestingly).
     
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  10. punit

    punit SENIOR MEMBER

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    It's difficult time for both India and Iran due to Trump. Let's not worsen it..
     
  11. undercover JIX

    undercover JIX SENIOR MEMBER

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    true, Iran will want to supply and India will want to buy. what we have wait for is uncle sam's final decision on this which will be after November. waiver, extra time to switch the supply or something else.