India Iran Firm Up Energy Relations

India Iran Firm Up Energy Relations India and Iran are firming up energy relations despite US pressure on New Delhi to pare down imports from Iran. Mr. Rostam Ghasemi, Minister of Oil of Islamic Republic of Iran was in India for discussions with his counterpart, Dr. M. Veerappa Moily, Minister for Petroleum & Natural Gas. As per a Ministry of Petroleum release, the two delegations reviewed on-going cooperation in the hydrocarbons sector. The Indian refiners have a long-standing relationship with the National Iranian Oil Company (NIOC). During the visit, the Iranian side encouraged the Indian side to increase its crude purchase. The Indian side explained that it would encourage companies to maintain their engagement in terms of crude oil purchase, taking into account their requirements...
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