India | Egypt Oil & Gas - Part 16

Iran to Boost Crude Exports to India

Tehran is hoping to increase its crude oil exports to India from the current 350,000b/d, Iranian Oil Minister, Bijan Zanganeh, was quoted as saying after meeting his Indian counterpart, Dharmendra Pradhan.

India, Iran to Boost Bilateral Energy Ties

Iran and India are preparing to strike new energy deals and boost bilateral ties by settling India's $6b debt to Tehran.

India’s ONGC Plans $5b Deep Water Investment

India's Oil and Natural Gas Corporation (ONGC) will invest around $5b to develop a major gas asset in the eastern Krishna Godavari (KG) basin, with a higher resulting level of output so that it will become the compan ...

Iran Determined to Settle $6b Oil Dues with India

Iran is sending its Central Bank Vice Governor, Gholamali Kamyab, to India this month in order to re-claim nearly $6b in past oil dues from Indian refiners such as Essar Oil, Mangalore Refinery and Petrochemicals Ltd ...

Iran, India Negotiate Undersea Gas Pipeline Bypassing Pakistan

Iran and India are expected to sign a long-proposed deal on the construction of an undersea gas pipeline worth $4.5m in total, as an alternative to a similar project via Pakistan.

Mozambique Received over $8b in Investments from India

India says it has invested more than $8b in Mozambique in recent years, a figure that represents about 25% of the Asian country’s investment in Africa.

UAE, India to Sign New Energy Agreements

India and the UAE envision signing a number of new agreements to boost bilateral cooperation in energy sector, notably in oil, gas and renewables projects.

India to Boost Africa’s Oil Imports

India seeks to expand its oil ties with African nations in order to lock in supplies at the time of low oil prices to be able to meet country's future demand.

Qatari Delivers First LNG Cargo to India’s Petronet

Qatar's RasGas Company has delivered the inaugural LNG cargo to India's Petronet LNG under its new 1m ton per annum (MTA) sales and purchase agreement (SPA).

India to Spend all $4.5b Budgeted for Petroleum Subsidies despite Oil Plunge

India is likely to spend all of its $4.5b originally earmarked for petroleum subsidies for the year through March, despite having budgeted for $70 a barrel rude that now costs around $30.

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