Oil Payment To Iran
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Centre To Exempt Rupee Payments For Iran Oil From Hefty Taxes
The finance ministry has exempted rupee payments made to the National Iranian Oil Co (NIOC) for crude oil imports from a steep withholding tax, according to a government order reviewed by Reuters.
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Efforts By Nations To Bypass Sanctions Against Iran Counterproductive: US
The US has said efforts by countries to set up special payment system to bypass its sanctions against Iran is counterproductive, comments which came after the European Union, in a major snub to the Trump administration, decided to set up a new mechanism to enable legal trade with Iran, without encountering American sanctions.
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India In Touch With EU Over Alternative Payment For Iran Oil Imports
As the US sanctions on import of Iranian crude oil loom large, India is engaged with the European Union for an alternative channel for making payments to Tehran for buying petroleum products, sources said Wednesday.
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Ahead Of PM Modi's Visit, Indian Refiners Clear Part Of $6.4 Billion Dues To Iran
Ahead of Prime Minister Narendra Modi's maiden visit to Iran, Indian refiners have cleared part of the $6.4 billion owed to the country for crude oil imports in euros. The payments made over the last couple of days are the first euro payments made by India in four years.
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India Ready To Clear $6.5 Billion Of Iran's Oil Dues: Sources
Keen to step up engagement in hydrocarbon sector with Iran, India has conveyed to the Persian Gulf nation that it was ready to clear nearly $6.5 billion of the dues for oil import from that country at the earliest, provided there was clarity on payment channel.
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Payment of US $700 Million to Iran Won't Impact Currency Market: RBI
Reserve Bank Deputy Governor HR Khan today said US $700 million will be paid to Iran on the due date as part of oil dues without having any impact on the currency market.
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India to Pay Another $700 Million to Iran on October 12
India on October 12 will pay another USD 700 million to Iran to clear part of past oil dues, the second payment since the Persian Gulf nation reached a historic nuclear deal with western powers.
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How India Will Pay Iran $ 1.65 Billion for Oil Imports
India will pay Iran USD 1.65 billion through the UAE central bank to clear over 40 per cent of the backlog payments for oil imports.
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India ready to pay $1.5 billion to Iran for oil: official
India is ready to pay $1.5 billion to Iran to clear part of a backlog of payments for shipments of oil following the partial easing of western sanctions on Tehran, Oil Secretary Vivek Rae said on Tuesday.
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Iran to take 315 subway cars from China in place of payment for oil
A senior Iranian official says the country has ordered 315 subway cars from China in place of payment for oil that can't be transferred due to sanctions.
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Centre To Exempt Rupee Payments For Iran Oil From Hefty Taxes
The finance ministry has exempted rupee payments made to the National Iranian Oil Co (NIOC) for crude oil imports from a steep withholding tax, according to a government order reviewed by Reuters.
-
Efforts By Nations To Bypass Sanctions Against Iran Counterproductive: US
The US has said efforts by countries to set up special payment system to bypass its sanctions against Iran is counterproductive, comments which came after the European Union, in a major snub to the Trump administration, decided to set up a new mechanism to enable legal trade with Iran, without encountering American sanctions.
-
India In Touch With EU Over Alternative Payment For Iran Oil Imports
As the US sanctions on import of Iranian crude oil loom large, India is engaged with the European Union for an alternative channel for making payments to Tehran for buying petroleum products, sources said Wednesday.
-
Ahead Of PM Modi's Visit, Indian Refiners Clear Part Of $6.4 Billion Dues To Iran
Ahead of Prime Minister Narendra Modi's maiden visit to Iran, Indian refiners have cleared part of the $6.4 billion owed to the country for crude oil imports in euros. The payments made over the last couple of days are the first euro payments made by India in four years.
-
India Ready To Clear $6.5 Billion Of Iran's Oil Dues: Sources
Keen to step up engagement in hydrocarbon sector with Iran, India has conveyed to the Persian Gulf nation that it was ready to clear nearly $6.5 billion of the dues for oil import from that country at the earliest, provided there was clarity on payment channel.
-
Payment of US $700 Million to Iran Won't Impact Currency Market: RBI
Reserve Bank Deputy Governor HR Khan today said US $700 million will be paid to Iran on the due date as part of oil dues without having any impact on the currency market.
-
India to Pay Another $700 Million to Iran on October 12
India on October 12 will pay another USD 700 million to Iran to clear part of past oil dues, the second payment since the Persian Gulf nation reached a historic nuclear deal with western powers.
-
How India Will Pay Iran $ 1.65 Billion for Oil Imports
India will pay Iran USD 1.65 billion through the UAE central bank to clear over 40 per cent of the backlog payments for oil imports.
-
India ready to pay $1.5 billion to Iran for oil: official
India is ready to pay $1.5 billion to Iran to clear part of a backlog of payments for shipments of oil following the partial easing of western sanctions on Tehran, Oil Secretary Vivek Rae said on Tuesday.
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Iran to take 315 subway cars from China in place of payment for oil
A senior Iranian official says the country has ordered 315 subway cars from China in place of payment for oil that can't be transferred due to sanctions.
