India has sought an additional 100,000 barrels per day (bpd) from Saudi Arabia for 2012-13 as a replacement for a cut in supplies from sanctions-hit Iran.Saudi Arabia is the biggest oil supplier to India, the world’s fourth-biggest oil consumer, and is the only oil producer with significant spare capacity to replace any fall in supply from its regional rival Iran.
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Iran natural gas for India
India is considering the import of natural gas from Iran via an under-sea pipeline, according to an Iranian official.
India committed to IPI proj
Indian government is keen to pursue the ambitious Iran-Pakistan-India (IPI) gas pipeline project.