India-Iran row over Farzad B gas field takes toll on oil imports2 min read . Updated: 21 Apr 2018, 04:51 AM IST
Last year the Indian govt had instructed state refiners to cut Iranian oil imports after Tehran decided to give development rights of Farzad B gas field to other companies
New Delhi: India’s oil imports from Iran during the 2017/18 fiscal year fell by 15.7% from a year ago as state refiners reduced purchases after a row over development rights for an Iranian natural gas field, according to data from shipping and industry sources.
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