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Iran offers oilfield, pipeline to India for raising oil import

Rattled by India sharply cutting down purchase of its oil, Iran Monday offered oil fields on lucrative terms and routing gas pipeline through sea to avoid Pakistan, provided New Delhi raised oil imports.

Iran offers new oil contracts to lure India

As US and European sanctions cripple its economy, Iran today offered India a new production sharing regime for oil exploration in an attempt to keep its third largest buyer of oil engaged.

Iran, India to discuss gas pipeline extension

The extension project will top the agenda of the talks between two countries at an economic commission meeting this week, Tehran's envoy in New Delhi Gholamreza Ansari was quoted as saying.

Iran slips to 7th slot among crude oil suppliers to India

With India cutting import of oil from Iran, the Persian Gulf nation has slipped four places to become India's seventh-largest crude oil supplier in current fiscal.