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| MRPL to get two Aug Iran oil cargoes: Sources |
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Mangalore Refinery and Petrochemicals Ltd will get at least two August cargoes from Iran, two sources familiar with the issue said on Friday, after it restarted payments through a Turkish bank following a seven-month gap. "The first cargo must have been loaded and sailed from an Iranian port by now while the second will be loaded soon," said one of the sources. "On the basis of the payment received, NIOC has so far agreed to give two August cargoes," the second source said. MRPL, Iran's top Indian client, usually buys about 150,000 barrels per day (bpd) oil from Tehran in six to seven cargoes each month for its 236,400 bpd refinery in southern India. (Source: India times)   Socialize this Subscribe to our RSS feed to stay in touch and receive all of TT updates right in your feed reader
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