India targets 11 pct Iran oil import cut in 2012/13-ministe

By REUTERS
May 15, 2012 10:53

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

NEW DELHI - India aims to cut imports of Iranian crude by 11 percent to 15.5 million tons in 2012/13, Junior Oil Minister Dharmendra Pradhan told parliament on Tuesday, equivalent to about 310,000 barrels per day (bpd).

Pradhan said India imported 17.44 million tonnes of oil in 2011/12, down 5.7 percent from the year earlier.

The United States wants allies to reduce oil imports from Iran substantially as it tries to pressure Tehran over its nuclear program which the West thinks aims to build atomic weapons. Tehran denies this.

Data made available to Reuters last week showed India's total oil imports from Iran in April fell about a third to around 269,000 bpd from March.

Related Content

Breaking news
August 16, 2018
Gunmen attack intelligence center in Afghanistan

By REUTERS