India gets 1st Iran oil parcel

India has received the first parcel of Iranian oil to partly fill its strategic storage in southern India, Mangalore Refinery and Petrochemicals Ltd, which imported the very large crude carrier (VLCC), said on its website.

MRPL shipped in 2 million barrels of Iranian oil in the VLCC Dino.

India will fill half of the storage with 6 million barrels of Iranian oil while continuing talks with United Arab Emirates and Saudi Arabia for the remainder.

A second parcel to be procured by Bharat Petroleum Corp is scheduled to arrive around Oct 25, two sources with direct knowledge of the matter said.