FalconStar
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NEW DELHI: India is not planning to buy any crude oil from Iran in November, raising the prospect that Tehran will lose another major customer as US sanctions hit.
Indian Oil Corp. and Bharat Petroleum Corp. haven’t asked for any Iranian cargoes for loading in November, according to officials at the companies. Nayara Energy also doesn’t plan any purchases, said an industry executive. Mangalore Refinery and Petrochemicals Ltd. hasn’t made any nominations for that month, but may do so later, a company official said.
Final decisions on purchases aren’t due until early October, so the refiners could still change their minds. The company officials and industry executive asked not to be named citing internal policies.
https://timesofindia.indiatimes.com...nian-oil-in-november/articleshow/65960150.cms
This article is a wake up call for all those chest thumping Indians who kept saying we have the best foreign policy and we'll never succumb to US pressure.
Well I kept saying for the past few months that India will stop importing Iranian oil but Indians were very aggressive in their responses and kept denying it.
Well I think your Chabahar deal is on the line next and trust me you'll back track on that in the same way you did on this.
Indian Oil Corp. and Bharat Petroleum Corp. haven’t asked for any Iranian cargoes for loading in November, according to officials at the companies. Nayara Energy also doesn’t plan any purchases, said an industry executive. Mangalore Refinery and Petrochemicals Ltd. hasn’t made any nominations for that month, but may do so later, a company official said.
Final decisions on purchases aren’t due until early October, so the refiners could still change their minds. The company officials and industry executive asked not to be named citing internal policies.
https://timesofindia.indiatimes.com...nian-oil-in-november/articleshow/65960150.cms
This article is a wake up call for all those chest thumping Indians who kept saying we have the best foreign policy and we'll never succumb to US pressure.
Well I kept saying for the past few months that India will stop importing Iranian oil but Indians were very aggressive in their responses and kept denying it.
Well I think your Chabahar deal is on the line next and trust me you'll back track on that in the same way you did on this.