NEW DELHI: India\u2019s state-run oil firms have been asked to look for new sources of supplies to fill in the gap created by stoppage of imports from Iran.\u201cWe have been readying ourselves for this by tapering off imports from Iran. We cut our monthly imports from Tehran by 50 per cent in February itself. Now that the US has made it clear that there will be no more waivers for India and other countries, we will peruse leads that we already have, which include the possibility of increased supplies from Saudi Arabia, UAE, Kuwait as well as Iraq,\u201d said top petroleum ministry officials.<\/p>\n
Indian firms will also be talking to Mexican and US shale oil suppliers to increase offtake from there. However, officials said that India\u2019s mix would require more of West Asian supplies. All refiners mix crude supplies from various sources as each kind of crude has its own properties.<\/p>\n","protected":false},"excerpt":{"rendered":"
NEW DELHI: India\u2019s state-run oil firms have been asked to look for new sources of supplies to fill in the gap created by stoppage of imports from Iran.\u201cWe have been readying ourselves for this by tapering off imports from Iran. We cut our monthly imports from Tehran by 50 per cent in February itself. Now that the US has made it clear that there will be no more waivers for India and other countries, we will peruse leads that we already have, which include the possibility of increased supplies from Saudi Arabia, UAE, Kuwait as well as Iraq,\u201d said top […]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,207,143],"tags":[],"class_list":["post-271345","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-new-indian-express","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/271345","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=271345"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/271345\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=271345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=271345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=271345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}