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Wednesday, 14 November 2018

Can India import more gas and oil Than the United States ??




The United States early this month re-imposed sanctions against Iran's oil exports to punish Tehran for its involvement in several Middle Eastern conflicts and curb its nuclear programmes

India's foreign secretary Vijay Gokhale told - the country is ready  for importing a lot of oil and gas from the us.

"We expressed our readiness to import a lot of gas and a lot of oil from us as the way of increasing trade," Gokhale told reporters on the sidelines of Asian summit attended by Prime Minister Narendra Modi.

The US early this month re-imposed sanctions against Iran's oil exports to penalize Tehran for its involvement in many geographical area conflicts and curb its nuclear programmes.

But fearing a value spike, Washington granted a sanctions discharge to eight of the largest consumers of Iran's oil, together with Bharat.

India is predicted to import concerning $4 billion of oil from the US this year,said - Gokhale.

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