India | Egypt Oil & Gas - Part 13
Iran’s Oil Exports to India Grew in 2016
India’s annual oil imports from Iran surged to a record high in 2016 as some refiners resumed purchases after the lifting of sanctions against Tehran, Reuters reported. The sharp increase propelled Iran, with 47...
Saudi Arabia Cut Oil Exports to Asia
Saudi Arabia has cut February term crude supplies to refiners in India and Southeast Asia, seeking to comply with an OPEC deal. Yet, it has held most of its exports to the rest of Asia steady, Reuters reported. State ...
KSA Led Oil Exports to China, India
According to customs data, China’s November crude oil imports from the Kingdom of Saudi Arabia (KSA) jumped 29.19% on a year earlier to 1.15mb/d, Reuters reported. This jump in crude oil imports from Saudi Arabi...
S. Sudan, India Negotiate Oil Blocks Revival
The government of South Sudan has initiated talks with India to revive oil blocks closed in the wake of a civil war in 2013, Mining Weekly informed. South Sudan during initial discussions between the government repres...
India to Import Nigerian Crude Worth $3.85b
Indian state-run oil refiners have indicated interest to increase total crude oil consumption volume with additional 2m tons of crude oil import from Nigeria in 2017, informed Vangard. A meeting between three Indian s...
SCI to Resume Iranian Crude Shipments
Shipping Corporation of India (SCI) will resume sailing to Iran this month after a four-year gap, transporting an oil cargo for a state-run refiner, Vanguard reported. SCI stopped sailing to Iran in 2012 when sanction...
India Urged Iran to Finalize Farzad-B Gas field Award
India has nudged Iran to quickly award rights to develop the coveted Farzad-B gas field in the Persian Gulf to ONGC Videsh by wrapping up negotiations that have been dragging on for months, Energy World Reported. Indi...
India Boosting Refinery Investment with Iran
An Indian Oil Corp unit plans to invest $5.5b to gradually raise the capacity of its smallest refinery co-owned by Iran to 300,000b/d. The purpose of the capacity raise is to help meet a surge in demand for refined pr...
