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India may not import Iranian oil in November

FalconStar

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NEW DELHI: India is not planning to buy any crude oil from Iran in November, raising the prospect that Tehran will lose another major customer as US sanctions hit.

Indian Oil Corp. and Bharat Petroleum Corp. haven’t asked for any Iranian cargoes for loading in November, according to officials at the companies. Nayara Energy also doesn’t plan any purchases, said an industry executive. Mangalore Refinery and Petrochemicals Ltd. hasn’t made any nominations for that month, but may do so later, a company official said.

Final decisions on purchases aren’t due until early October, so the refiners could still change their minds. The company officials and industry executive asked not to be named citing internal policies.
https://timesofindia.indiatimes.com...nian-oil-in-november/articleshow/65960150.cms

This article is a wake up call for all those chest thumping Indians who kept saying we have the best foreign policy and we'll never succumb to US pressure.
Well I kept saying for the past few months that India will stop importing Iranian oil but Indians were very aggressive in their responses and kept denying it.
Well I think your Chabahar deal is on the line next and trust me you'll back track on that in the same way you did on this.
 
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But Chah Bahar Port will be built by India. This will allow US Navy to rest and recuperate along with Indian Navy in Chah Bahar, Iran which enjoy deep civilizational roots - except the open defecation habits of Indians. Also Chah will allow India transit to Afghanistan, Tajikistan, Uzbekistan, Kazakistan, Russia, Ukraine, Estonia, Latvia, Norway, UK, USA and Mars. It will be part of North South Intersteller Space transit hub.

So let us all sing the Cha, Chah, Cha, Chah, Cha, Chah, Cha, Chah song ....
 
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But Chah Bahar Port will be built by India. This will allow US Navy to rest and recuperate along with Indian Navy in Chah Bahar, Iran which enjoy deep civilizational roots - except the open defecation habits of Indians. Also Chah will allow India transit to Afghanistan, Tajikistan, Uzbekistan, Kazakistan, Russia, Ukraine, Estonia, Latvia, Norway, UK, USA and Mars. It will be part of North South Intersteller Space transit hub.

So let us all sing the Cha, Chah, Cha, Chah, Cha, Chah, Cha, Chah song ....
Baniya is greedy so it will leave Iran for USA and Israel..
Pakistan and Iran have better prospects of stronger and longer relations if some irritants are removed and Iranians lower a bit of ego..
 
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I think Hindustan will resume import once Iran is forced to sell it on cheaper rate, extended credit term and payments in INR like last time she did.
 
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New negotiations are may be in process with payment in INR and more thus no November order as of now. They will come through in October with hefty discounts and payments in INR.
 
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now everyone is excited since yesterday EU RUSSIA CHINA announce to make new transfer system to iran . its good news for world move away from US sanctions . first time wirld stand up after cold war .
 
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But Chah Bahar Port will be built by India. This will allow US Navy to rest and recuperate along with Indian Navy in Chah Bahar, Iran which enjoy deep civilizational roots - except the open defecation habits of Indians. Also Chah will allow India transit to Afghanistan, Tajikistan, Uzbekistan, Kazakistan, Russia, Ukraine, Estonia, Latvia, Norway, UK, USA and Mars. It will be part of North South Intersteller Space transit hub.

So let us all sing the Cha, Chah, Cha, Chah, Cha, Chah, Cha, Chah song ....


Bohat Aalaa:rofl::rofl::rofl::enjoy::enjoy:
 
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If you want the love of Trump daddy. You'll have to forget Iran. That's the reason Trump was praising India yesterday at the UN, so you'll droll over his praises.
Otherwise he likes to make fun of Modi in private.
https://www.thetimes.co.uk/article/...ndra-modi-s-accent-during-briefings-nq9zqq99p

Maybe, but as India needs the Chahbar port it's highly unlikely that India will bring the buying to 0. Thus the chances of new negotiations being on is more likely. US tried to get India route to Afghanistan through Pakistan so that India can ditch both oil and Chahbar but you guys declined the same. So, now India has its excuses for Uncle Sam, get us the transit or we cannot help it.
 
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Maybe, but as India needs the Chahbar port it's highly unlikely that India will bring the buying to 0. Thus the chances of new negotiations being on is more likely. US tried to get India route to Afghanistan through Pakistan so that India can ditch both oil and Chahbar but you guys declined the same. So, now India has its excuses for Uncle Sam, get us the transit or we cannot help it.
No oil and no Chabahar for you.
You only get Trumps unfiltered love.
 
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Fake.This (((Bloomberg))) article is obsolete now as with few hours after the crap was written, India is set to join the EU Special Purpose Vehicle for Iran trade.
India Will now use Euro, £ for trade with Iran along with INR.


In order to facilate proper use of this SPV, India-Iran have decided that from November value of Iranian imports from India will be equal in value of Iran exports to India.
 
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