MRPL Archives - Iran News Daily https://irannewsdaily.com/tag/mrpl/ Wed, 17 Oct 2018 07:26:42 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.4 https://irannewsdaily.com/wp-content/uploads/2020/04/cropped-iranlogo-32x32.png MRPL Archives - Iran News Daily https://irannewsdaily.com/tag/mrpl/ 32 32 MRPL expects India to get waiver from U.S. sanctions on Iran this month https://irannewsdaily.com/2018/10/mrpl-expects-india-to-get-waiver-from-u-s-sanctions-on-iran-this-month/ https://irannewsdaily.com/2018/10/mrpl-expects-india-to-get-waiver-from-u-s-sanctions-on-iran-this-month/#respond Wed, 17 Oct 2018 07:10:47 +0000 https://irannewsdaily.com/?p=40223 India’s Mangalore Refinery and Petrochemicals Ltd (MRPL) expects India to get a waiver from U.S. sanctions on Iranian oil exports this month, a company official said on Tuesday. The company will also look at buying Iraqi oil to replace Iranian oil, said MRPL Managing Director M. Venkatesh on the sidelines of the IHS CERA conference, […]

The post MRPL expects India to get waiver from U.S. sanctions on Iran this month appeared first on Iran News Daily.

]]> India’s Mangalore Refinery and Petrochemicals Ltd (MRPL) expects India to get a waiver from U.S. sanctions on Iranian oil exports this month, a company official said on Tuesday.

The company will also look at buying Iraqi oil to replace Iranian oil, said MRPL Managing Director M. Venkatesh on the sidelines of the IHS CERA conference, adding that the company has already made some payments in rupees to Iran for oil.

The post MRPL expects India to get waiver from U.S. sanctions on Iran this month appeared first on Iran News Daily.

]]> https://irannewsdaily.com/2018/10/mrpl-expects-india-to-get-waiver-from-u-s-sanctions-on-iran-this-month/feed/ 0 Indian Minister Says New Delhi to Buy Iran Oil in Sanctions Era https://irannewsdaily.com/2018/10/indian-minister-says-new-delhi-to-buy-iran-oil-in-sanctions-era/ https://irannewsdaily.com/2018/10/indian-minister-says-new-delhi-to-buy-iran-oil-in-sanctions-era/#respond Tue, 09 Oct 2018 07:56:33 +0000 https://irannewsdaily.com/?p=38395 TEHRAN (Tasnim) – Indian Oil Minister Dharmendra Pradhan said two state refiners have placed orders for importing crude oil from Iran in November, the month when US sanctions on Iranian oil purchases take effect. “Two of our oil companies have made nominations to purchase Iranian oil in November,” Pradhan said on Monday, the Economic Times […]

The post Indian Minister Says New Delhi to Buy Iran Oil in Sanctions Era appeared first on Iran News Daily.

]]> TEHRAN (Tasnim) – Indian Oil Minister Dharmendra Pradhan said two state refiners have placed orders for importing crude oil from Iran in November, the month when US sanctions on Iranian oil purchases take effect.
“Two of our oil companies have made nominations to purchase Iranian oil in November,” Pradhan said on Monday, the Economic Times reported.

“We do not know if we will get a waiver (from US sanctions) or not.”

Later, talking to reporters, he said India has its own energy requirements which it has to fulfill.

“We will be guided by our national interest,” he said.

Indian Oil Corp (IOC) Chairman Sanjiv Singh said his company is among the two which have placed an order for November.

“We have ordered for our usual quantity of oil,” he said.

IOC and Mangalore Refinery and Petrochemicals Ltd (MRPL) together have placed the order for 1.25 million tons (MT) of crude oil from Iran.

Singh said options for paying for Iranian oil are under discussions.

US sanctions against Iran will kick in from November 4, which will block payment routes.

The post Indian Minister Says New Delhi to Buy Iran Oil in Sanctions Era appeared first on Iran News Daily.

]]> https://irannewsdaily.com/2018/10/indian-minister-says-new-delhi-to-buy-iran-oil-in-sanctions-era/feed/ 0