NEW DELHI:India, the world’s third-largest energy consumer, wants the new US administration to allow resumption of oil supplies from Iran and Venezuela so as to give the country more options to meet its requirements, Oil Minister Dharmendra Pradhan said on Wednesday.
“As a buyer, I would like to have more buying places. I should have more destinations to go for purchasing (of oil),” Pradhan said in response to a question about his expectations for the resumption of oil imports from Iran and Venezuela under a Joseph Biden presidency.
Iran was India’s second-biggest supplier of crude oil after Saudi Arabia till 2010-11, but Western sanctions over its suspected nuclear programme led to reduced volumes.
