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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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India plans to import 5.5 million metric tons of Iraqi oil

rocky
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India plans to import 5.5 million metric tons of Iraqi oil Empty India plans to import 5.5 million metric tons of Iraqi oil

Post by rocky Thu 01 Mar 2018, 2:54 am

India plans to import 5.5 million metric tons of Iraqi oil
March 01 2018 10:51 p
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The Indian government plans to import about 5.5 million metric tons of crude oil from Iraq out of a total quantity of 14 million metric tons it intends to import during the fiscal year beginning from April 2018 to 2019 for its refineries. 

"11 million metric tons will be imported on conditional terms, while another 3 million metric tons of crude oil will be secured by direct sales from the site," said an official at Hindustan Petroleum Corp (HPCL). 

He explained: "The Middle East crude oil grades with high sulfur levels, including Iraqi oil, constitute almost 86% of the share of the import of the company," noting that "the other imports are oil varieties with low sulfur rates." 



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