(EnergyAsia, May 10 2012, Thursday) — Yielding to relentless US pressure, India has agreed to reduce its dependence on Iranian crude oil by committing to import 14 million tonnes for the current financial year ending March 31 2013, compared with 17.5 million tonnes previously.If this target is achieved, Iranian oil will account for just 7%…
INDIA: Crude oil import from Iran to be cut by 20%
Posted on May 10, 2012 by EnergyAsia