New Delhi sets out its oil purchasing policy ...News

Russia Today - News
New Delhi sets out its oil purchasing policy
source : Russia Today ( News ) () 23
India will buy the cheapest crude available irrespective of its origin, the country’s oil ministry has said India will purchase crude oil from any source that can offer shipments at the lowest price, Oil Minister Hardeep Singh Puri told broadcaster ET Now on Wednesday.  The country has been ramping up oil imports from Russia, which became its number one supplier after Moscow began redirecting flows to Asia last year in response to Ukraine-related sanctions. These measures included an oil embargo and a price cap on the country’s crude and petroleum products.    “We are very clear in our minds that we will buy oil f

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