Two Indian state run oil companies have placed orders for Iranian oil

Posted on:09 Oct 2018 10:34:15
Two Indian state run oil companies have placed orders for Iranian oil
09 October 2018 Current Affairs:

Petroleum Minister Dharmendra Pradhan said that two Indian state-run oil companies have placed orders for Iranian oil to be delivered in November. The U.S. sanctions targeting Iran’s crude oil exports will come into effect on November 4. The Indian government has repeatedly requested the U.S. government for a waiver of these sanctions for India but has so far not received an affirmative response.

According to the  Petroleum Ministry, the two companies in question are Indian Oil Corporation Limited (IOCL) and Mangalore Refinery and Petrochemicals Limited (MRPL), with a total order quantity of 1.25 million tonnes of crude.


Petroleum Minister Dharmendra Pradhan said that two Indian state-run oil companies have placed orders for Iranian oil to be delivered in November. The U.S. sanctions targeting Iran’s crude oil exports will come into effect on November 4. The Indian government has repeatedly requested the U.S. government for a waiver of these sanctions for India but has so far not received an affirmative response.

According to the  Petroleum Ministry, the two companies in question are Indian Oil Corporation Limited (IOCL) and Mangalore Refinery and Petrochemicals Limited (MRPL), with a total order quantity of 1.25 million tonnes of crude.


Monthly Current Affairs

Current Affairs Section

Daily Current Affairs Quiz

Subscribe to Current Affairs

Enter your email to get daily current affairs

Current Affairs Weekly PDF

Current Affairs Monthly PDF

Current Affairs Quiz

Current Affairs Monthly PDF Hindi

Currentt Affairs 2019 January

16 JANUARY
NEWS
15 JANUARY
NEWS
14 JANUARY
NEWS
13 JANUARY
NEWS

Currentt Affairs 2018 December

31 DECEMBER
NEWS
30 DECEMBER
NEWS
29 DECEMBER
NEWS
28 DECEMBER
NEWS

Currentt Affairs 2018 November

30 NOVEMBER
NEWS
29 NOVEMBER
NEWS
28 NOVEMBER
NEWS
27 NOVEMBER
NEWS