Imports To India Double

News: Iranian oil imports to India more than doubled in January 2014 to 412,000b/d, up from 189,100b/d in December 2013, reports Iran Daily. This comes following the recent partial suspension of sanctions on Tehran as part of the Geneva nuclear deal. India is ready to pay US$1.5bn to Iran for oil imports as soon as banking modalities are worked out, according to India's Oil Secretary Vivek Rae (

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Related sectors of this article: Oil & Gas
Geography: Iran

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