Iraq offers three discovered oil blocks to India - NDTV

Reuters | Updated On: July 11, 2013 16:37 (IST) New Delhi: Iraq has offered three discovered oil blocks to India and has agreed to consider investing in the 300,000 barrels per day of Oil India's Paradip refinery, an Oil Ministry statement said on Thursday. Baghdad has also offered to consider extending 60 days credit for crude sales to India, according to the statement. Iraq has emerged as the second-biggest crude oil supplier to India after supplies from Iran were hit due to pressure from western sanctions. Iraq has offered three discovered oil blocks in the Middle Furat oilfields on a nomination basis, the statement added. Copyright @ Thomson Reuters 2013 For Profit Update, via Business - Google News http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNF5yvNGhC4erGMIenbeFesWPJcLMQ&url=http://profit.ndtv.com/news/industries/article-iraq-offers-three-discovered-oil-blocks-to-india-324348

Put the internet to work for you. via Personal Recipe 2910127