{"id":259746,"date":"2019-02-19T05:40:11","date_gmt":"2019-02-19T05:40:11","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=259746"},"modified":"2019-02-19T05:55:50","modified_gmt":"2019-02-19T05:55:50","slug":"indianoil-signs-1-5-bn-contract-to-import-3-mt-of-us-crude-in-fy20","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indianoil-signs-1-5-bn-contract-to-import-3-mt-of-us-crude-in-fy20\/","title":{"rendered":"IndianOil signs $1.5 bn contract to import 3 MT of US crude in FY20"},"content":{"rendered":"<p>Crude oil imports from US during April-December 2018 tripled to 4.58 million tonne <\/p>\n<p>Indian Oil Corporation Limited will import up to 3 million tonnes of crude oil from the United States of America in the next financial year.<\/p>\n<p>\u201cIndianOil has finalised a term contract for import of up to 3 million tonnes of crude oil of US origin grades as a part of its strategy to diversify term crude sources. The contract was finalised on Friday, February 15, 2019,\u201d an IndianOil statement said. <\/p>\n<p>\u201cThe approximate value of the contract works out to $1.5 billion. This is the first term contract finalised by any Indian PSU oil company for import of US origin crude oil grades,\u201d the statement added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crude oil imports from US during April-December 2018 tripled to 4.58 million tonne Indian Oil Corporation Limited will import up to 3 million tonnes of crude oil from the United States of America in the next financial year. \u201cIndianOil has finalised a term contract for import of up to 3 million tonnes of crude oil of US origin grades as a part of its strategy to diversify term crude sources. The contract was finalised on Friday, February 15, 2019,\u201d an IndianOil statement said. \u201cThe approximate value of the contract works out to $1.5 billion. This is the first term contract [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-259746","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/259746","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=259746"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/259746\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=259746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=259746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=259746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}