India had stopped sourcing crude via long-term contracts from Colombia’s Ecopetrol in 2015
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NEW DELHI : India’s efforts to diversify its energy basket by importing crude oil from non-Opec sources are bearing fruit as it is set to sign long-term contracts to procure at least 2 million tonnes (mt) of crude from Brazil’s Petroleo Brasileiro SA (Petrobras) and 1 mt from Colombia’s state-run Ecopetrol SA, two government officials in the know said.
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