Sunday, 24 March 2013

India plans to set up fund to cover refiners using Iranian oil after companies warned

NEW DELHI: India plans to set up a fund to back local insurers providing cover for refiners processing Iranian oil after companies warned they would be forced to halt imports from the sanctions-hit nation, the federal oil secretary said on Sunday.
 
Mangalore Refinery and Petrochemicals Ltd...India plans to set up fund to cover refiners using Iranian oil after companies warned

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