Business & Economy | Energy & Oil Art | Film & Music | Events Heritage & History Philanthropy
Sports | Politics For Peace | Society & Culture Literature & Books Health & Medicine
Rights | Women | Diaspora Travel | Environment & Geography Science & Education Middle East & Asia

Home | News | Archive| RSS
twitter | facebook



Payvand Iran News ...
08/30/11 Bookmark and Share
Iran to Continue Supplying Indian Oil Refineries

Source: Moj News

Oil supply to continue as Iran and India are expected to finish settling their debt arrears, an Iranian official said.

Iran will continue to supply crude oil to Indian refineries in September as they are expected to finish settling their debt arrears this month, National Iranian Oil Co.’s international affairs director, Mohsen Qamsari said.

About $4.2 billion of the debt owed by four Indian refineries was settled on Aug. 26 and the rest is expected to be paid back by the end of the month, Qamsari further added.

“Exports to these refineries would continue for the rest of this month and in September,” he said.

Iran supplies 400,000 barrels of oil a day to India.

... Payvand News - 08/30/11 ... --


comments powered by Disqus

© Copyright 2011 NetNative
(All Rights Reserved)

Popular Now

Join Payvand's Facebook Page

join Payvand's daily News mailing list
* indicates required

Home | Contact | About | Archive | Web Sites | Bookstore | Persian Calendar | twitter | facebook | RSS Feed