The government has set up a cell to speed work and monitor the setting up of the Chabahar port in Iran within a deadline. The Jawaharlal Nehru Port Trust (JNPT) has nominated four officers for coordinating the work.
Tag: Iran
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Iran keen to sell more crude oil to India
Iran on December 4 sought India the resolution of payment issues over sale of crude oil. Iran is keen to sell more crude oil to India and promote trade between the two nations, said Iran's Industry Minister Mohammad Reza Nematzadeh in Bali at the ongoing WTO Ministerial Conference.
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Iran keen to sell more crude oil to India
Iran on December 4 sought India the resolution of payment issues over sale of crude oil. Iran is keen to sell more crude oil to India and promote trade between the two nations, said Iran's Industry Minister Mohammad Reza Nematzadeh in Bali at the ongoing WTO Ministerial Conference.
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Afghanistan ready for pact on Chabahar port
Afghanistan has stated that it is keen to ink a trilateral agreement with India and Iran on the Chabahar port. Afghanistan on November 16 stressed that its ties with India are steady.
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Iran may offer free shipping to India on oil
In its ships at Indian ports, Iran has offered Indian government-owned refineries nominal discounts in price as well as free deliver of oil. While free shipping alone could save Indian refiners about $1 per barrel in transportation cost, the discount in price would boost margins on processing Iranian oil.
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Plan to develop Chabahar Port in Iran introduced
In Iran, the Chabahar Port development plan is in the agenda of Port and Maritime Organization (PMO). The first phase of this development plan is scheduled to be put into operation in winter, Alireza Kebriaee, the Deputy Managing Director for Ports Development and Equipment said.
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India imports Afghan dry fruits via Iran port
Through the Chabahar port in Iran, India has directly received its first batch of commodities-20 containers of Afghan dry fruits-from Afghanistan. The consignment arrived in Mumbai on ships over the last weekend. This was a success of cooperation between India, Iran and Afghanistan. The sea route is an alternative to the Karachi port in Pakistan.
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US Senator says India should stop oil imports from Iran
An American Senator Jim Risch on September 12 asked India to stop import of oil from Iran, as the Obama Administration defended its decision to grant a sanctions waiver to New Delhi. 'The Indians' purchase of oil from Iran, in my judgment, endangers the entire world community and is a destabilising factor for the Middle East,' Jim Risch said.
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Iran demanded $5 lakh to free Indian oil tanker
Authorities at Iran's Bandar Abbas port are said to have demanded $5,00,000 from India to release the tanker Desh Shanti, which was carrying crude from Iraq. Desh Shanti was held to ransom by Iranian authorities — spearheaded by the dreaded Iranian Revolutionary Guard Corps (IRGC) — for 26 days.
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Iran may not favour export of more oil to India
Media reports indicate that Iran is not favourable to India's proposal for increase crude oil import from the Persian Gulf nation. This is because Iran does not import enough commodities from India to compensate for its rise in crude oil export to