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FACTDROP: India sees no issues with Iran oil imports despite sanctions
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12/05/2011

India sees no issues with Iran oil imports despite sanctions

Πηγή: yahoonews
By Reuters
Dec 5 2011

Πηγή: yahooneews
By Reuters
Dec 5 2011


DOHA (Reuters) - India sees no impediments to importing Iranian oildespite a new wave of sanctions imposed by the West, Oil Minister S. Jaipal Reddy said on Monday.

"As long as there are no sanctions on oil as such, other problems can be managed," he told reporters on the sidelines of the World Petroleum Congress.

"There are some practical problems in making payments but we have managed to surmount those problems."

Iran is India's second biggest oil supplier after Saudi Arabia and exports total about $12 billion a year, meeting about 12 percent of India's import needs.


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