NEW DELHI - Indian refiners will pay for Iranian crude oil through Turkey's Halkbank after MRPL made a test payment to end a US-inspired impasse that has built up over $5 billion of debts and prompted Iran to halt supplies making up 12 percent of India's demand.
State-run Mangalore Refinery and Petrochemicals Ltd (MRPL) , Iran's biggest Indian customer, released a small payment in euros through Halkbank, two sources with direct knowledge of the matter said on Friday.
cnxps.cmd.push(function () { cnxps({ playerId: '36af7c51-0caf-4741-9824-2c941fc6c17b' }).render('4c4d856e0e6f4e3d808bbc1715e132f6'); });
console.log("catid body is "+catID);if(catID==120){document.getElementsByClassName("divConnatix")[0].style.display ="none";var script = document.createElement('script'); script.src = 'https://player.anyclip.com/anyclip-widget/lre-widget/prod/v1/src/lre.js'; script.setAttribute('pubname','jpostcom'); script.setAttribute('widgetname','0011r00001lcD1i_12258'); document.getElementsByClassName('divAnyClip')[0].appendChild(script);}else if(catID!=69 && catID!=2){ document.getElementsByClassName("divConnatix")[0].style.display ="none"; var script = document.createElement('script'); script.src = 'https://static.vidazoo.com/basev/vwpt.js'; script.setAttribute('data-widget-id','60fd6becf6393400049e6535'); document.getElementsByClassName('divVidazoo')[0].appendChild(script); }"This is the first payment ... We hope this system will continue," said one of the sources, adding the payment has been made with involvement of Union Bank of India.
