India to pay $700 million to Iran in outstanding oil dues this week
India will make a $700 million oil payment to Iran on Wednesday, sources said, the first release of such funds after the July deal that sets the roadmap for the lifting of sanctions aimed at Tehran`s nuclear activities.
Sep 28, 2015, 19:14 PM IST
India makes another $400 mn payment to Iran
Mangalore Refinery and Petrochemicals Ltd, the nation's largest buyer in the public sector, paid USD 154 million (about Rs 950 crore), while private sector Essar Oil paid about USD 201 million, industry sources said.
Nov 20, 2014, 15:07 PM IST
