(EnergyAsia, July 20 2011, Wednesday) — Iran has warned that it will stop supplying 400,000 b/d of crude oil to India unless it is fully paid for more than US$5 billion owed for past shipments.While admitting that it owes Iran, the Indian government is facing internal bureaucratic disagreement and hurdles over how best to pay…
INDIA: Dispute with Iran over oil payments escalate
Posted on July 20, 2011 by EnergyAsia