RT | Shishir Upadhyaya: Escalating US pressure on Iran, including sanctions targeting Iranian oil exports, may have had an unexpected consequence pushing India to diversify its energy supplies by shifting from Tehran to Moscow as a major oil supplier. State-owned oil refiner Indian Oil Corporation (IOC) has just signed a contract with Russias Rosneft ...

IRNA - Indian oil minister said that in order to revive the trade mechanism in rupee, his country will soon sign an agreement with Iran in which New Delhi will use the rupee to trade with Tehran. BTVI TV network of India reported in a tweet that Indian Oil Minister Dharmendra Pradhan announced Wednesday that he will sign an agreement with Iran on ...

Reuters - Indian refiners ordered about 12 percent less Iranian oil in June than in May, when the U.S. said it would reintroduce sanctions on Iran, but sales remained around 50 percent higher than a year ago. Refiners in India, Irans top oil client after China, are weaning themselves away from Iranian oil after the U.S. pulled out of the 2015 nuclear ...

Economic Times - India has taken note of the US reimposing economic sanctions on Iran, the nations second-biggest supplier of crude oil, oil minister Dharmendra Pradhan said on Wednesday. Indian refineries import crude oil from diverse sources, including Iran, depending on technical and commercial considerations, Pradhan said in a written reply in ...

Sputnik - Indian officials are scheduled to discuss at length the US sanctions on Iran with a delegation of US experts, which is expected to arrive in New Delhi on July 16. New Delhi (Sputnik):India's minister ofpetroleum and natural gas, Dharmendra Pradhan, has stated that the country's requirement will be the deciding factor beforeany ...

Reuters - Indian Oil Minister Dharmendra Pradhan said on Saturday it was too early to predict the impact of U.S. sanctions on his countrys imports of Iranian oil. Pradhan told Reuters during a visit to the United Arab Emirates that he was a little bit concerned about the impact of an oil price rise on consuming countries but that he did not think ...

Press TV- Indias insistence to get exceptional concessions from Iran on the development of a giant gas field in the Persian Gulf has taken some toll on their trade ties. The Indians have been demanding special treatment on the offshore Farzad B gas field which they discovered in 2008, trying to use oil imports from Iran as a bargaining chip ...

India's Minister for Petroleum and Natural Gas Dharmendra Pradhan said Iran, currently OPEC's third largest producer, has assured the South Asian country that the latter would be granted the license to develop the offshore Farzad B gas field in the Persian Gulf although the award has been stalled by the issue of gas price, according to a report Friday ...

The central banks of India and Iran have reached an arrangement to use European banks to process pending oil payments to Tehran, India's Oil Minister Dharmendra Pradhan told Reuters, unlocking $6.4 billion in stalled funds. Buyers of Iranian oil were prevented from using global banking channels to clear their transactions after sanctions were imposed ...

New Delhi, May 2 () India has expressed interest in setting up an LNG terminal at Chahabar port in Iran to ship back home natural gas from Persian Gulf nation, Oil Minister Dharmendra Pradhan said today. India is keen to set up its engagement with hydrocarbon- rich Iran, which has recently come out of western sanctions, and is lining up USD 20 billion ...

India is interested in exports of liquefied Iranian gas as well as building gas processing facilities in the Chabahar port, the Indian Petroleum and Natural Gas Ministry said in a statement released Monday. NEW DELHI (Sputnik) The statement came a day afterIndias Petroleum and Gas Minister Dharmendra Pradhan wrapped uphis two day visit toIran onApril ...

New Delhi, April 7, IRNA Indian Minister of Petroleum and Natural Gas Dharmendra Pradhan described lifting sanctions against Iran as a suitable opportunity for bolstering Iran-India ties, saying that his country is interested in cooperation with Iran in the fields of energy, petrochemical and fertilizers and aluminum production. In an address in ...

TEHRAN (ISNA)- Indian Oil Minister Dharmendra Pradhan plans to visit Iran on Saturday to meet with senior officials of the country. He plans to meet with his Iranian counterpart Bijan Zangeneh as well as Minister of Industry, Mine and Trade Mohammad-Reza Nemat-Zadeh, Director of Central Bank of Iran Waliollah Seif and Secretary of Coordination Council ...

TEHRAN, March 21 (Shana) - Indian Oil Minister Dharmendra Pradhan is scheduled to visit Iran on April 6-7, official sources in New Delhi said. Accompanied by ONGC Videsh Ltd Managing Director Narendra K Verma and Indian Oil Corp (IOC) Chairman B Ashok, Pradhan's visit is aimed at engaging with leadership of the oil and gas rich nation that has just ...

TEHRAN (FNA)- Indian Oil minister Dharmendra Pradhan is expected to lead a delegation to Iran in the coming weeks to scout for opportunities in the oil and gas sector, following the end of sanctions on Tehran by the West, the ministry officials said. The talks will cover the development of the Farzad-B field, revival of the Iran-Pakistan-India gas ...

Algeria, Angola, Iran and Nigeria are interested in blending their light oil with Venezuela's heavy crude to get a better price, the president of Venezuelan state oil company PDVSA said on Monday. Eulogio Del Pino, who is on a two-day official visit to New Delhi, in April announced talks on a novel plan to blend the country's heavy crude with light ...

India has conveyed its fresh interest in oil and exploration projects in Iran after Tehran cancelled major concessions due to New Delhis foot-dragging. Indian media quoted Minister of State for Petroleum and Natural Gas Dharmendra Pradhan as saying that commercial discussions are an ongoing process and we have given clear indications to Iran about ...

[caption id="attachment_63133" align="alignright" width="258"] Flags of India & Iran[/caption] A report says Indias Petroleum Minister Dharmendra Pradhan has pledged New Delhis support for the interests of Indian oil companies in Iran in the face of US sanctions. India will protect the economic interests of its oil companies from being impacted ...