Following Japan’s Tonen General refinery, Hindustan Petroleum Corporation Limited (HPCL) and Bharat Petroleum Corporation Limited (BPCL) have also joined the club of Iranian crude oil customers given that the pressure of international sanctions has abated, Mehr News Agency reports.
Accordingly, volume of Iran’s oil exports to India has experienced an upsurge after a three-year halt in oil sales to the Asian country.
At the present time, Indian Oil Corporation Limited, Essar Oil and Reliance Industries Limited (RIL) remain as traditional customers of Iran’s crude while with addition of HPCL and BPCL, a total of five Indian refineries are now purchasing oil from Iran.
