Global Business in Iran Database

In-depth metrics and analysis of Iran's international economic partnerships.

Newsletter Signup
Critical Threats Quick Take List Signup
selected project

Essar Oil Imports Crude, to Export Petrol to Iran

description

India’s Essar is in talks to sell gasoline to Iran, and has also contracted with Tehran to import 1.6 million barrels of crude per month.  This includes 1 million barrels of Iran Heavy and 600,000 barrels of Norouz grades.  Essar Oil has options to increase crude imports by 1 million barrels, should it desire.

  • Country: India
  • Contractor: Essar Oil
  • Amount (Current Dollar Value): 1.6 Million Barrels of Crude

Status

  • Current Status:
  • Discussion Date: Sun, 2008-08-03
  • Contract Date:
  • Completion Date:

Citation

1. "Iran, India Talks on Gasoline Deal", Moj News Agency, August 3, 2008, Available at Nexis.

2. "Essar Oil may sell fuel to Iran", Gulf Daily News, 2 August 2008, Available at http://www.gulf-daily-news.com/NewsDetails.aspx?storyid=225271.

All projects by Essar Oil