Reuters - Indias biggest state-owned crude oil refiner Indian Oil Corp Ltd aims to lift full volumes under its 2018/19 annual contract with Iran, a company official said on Thursday.
The company has a deal to buy 180,000 barrels per day (bpd)Iranian oil this fiscal year.
He said Indias overall oil imports from Iran could surpass last years level....
State-owned oil and gas corporation Indian Oil Corp.is courting Tehranfor the construction of a $3 billion petrochemical plant in Iranwhich owns the worlds largest proven gas reserves, media reports say.
The company plans to produce 1 million tons of petrochemicals a year provided that Iran supplies it cheap natural gas as feedstock, Bloomberg reported ...