India decides to cut Iran crude imports by 11 percent

May 15, 2012

iran


New Delhi, May 15: In the face of US sanctions on Iran, India has decided to reduce crude oil imports from the gulf nation by 11.1 percent to 15.5 million tonnes during the 2012-13 fiscal, Parliament was informed Tuesday.

"The target fixed for import of crude oil from Iran for the year 2012-13 is approximately 15.5 million tonnes," Minister of State for Petroleum and Natural Gas R.P.N. Singh told the Rajya Sabha.

Total crude oil imported from Iran by Indian companies during 2010-11 and 2011-12 was 18.50 million tonnes and 17.44 million tonnes, respectively, Singh said in a written reply.

India imports 80 percent of its crude oil requirements of which Iran supplies as much as 12 percent. Iran is India's second largest oil supplier. But the US has been rallying for reduction of crude imports to force the Islamic republic to stop its military nuclear programme that Tehran says is only for civilian peaceful usage. The US suspects that under the guise of its peaceful nuclear programme, Iran is building atomic weapons.

Earlier, India had maintained that it was not possible to take any decision on reducing imports from Iran drastically as it was important in meeting India's growing energy needs.

Earlier this month in an interview to a television channel, US Secretary of State Hillary Clinton had also said that the United States will work to help India with technical assistance to reduce its dependence on Iranian oil.

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October 27,2024

Samajwadi Party (SP) chief Akhilesh Yadav stated on Sunday, October 27, that his party is prepared to contest the Maharashtra Assembly elections independently if the Maha Vikas Aghadi (MVA) does not include them in the alliance. 

Yadav assured that the SP would only contest in constituencies where it has a strong organizational presence and would ensure its participation does not affect the MVA’s overall prospects.

Several I.N.D.I.A. alliance members have expressed dissatisfaction with the Congress over seat-sharing arrangements in upcoming state polls. 

Both the CPI(ML)L and the RJD voiced frustration after being offered only 3-4 seats each for the Jharkhand elections by the Congress.

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October 21,2024

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Khalistani terrorist Gurpatwant Singh Pannun on Monday warned passengers not to fly on Air India flights from November 1 to 19. He asserted that an attack could take place on an Air India flight during the specified dates, which coincide with the "40th anniversary of the Sikh genocide".

The founder of Sikhs for Justice (SFJ), who holds dual citizenship in Canada and the US, had issued a similar threat around the same time last year.

Pannun's fresh threat comes amid several airlines in India receiving multiple threat calls about potential bombings, all of which turned out to be hoaxes. It also occurred at a time when India and Canada are engaged in a murky diplomatic row following Canada's allegations of India targeting Khalistani elements in the country, including the murder of another terrorist, Hardeep Singh Nijjar.

In November 2023, Pannun released a video claiming that Delhi's Indira Gandhi International Airport would be renamed and would remain closed on November 19, warning people against flying on Air India that day. The National Investigation Agency charged him with criminal conspiracy, promoting enmity between different groups on the grounds of religion, and various offences under the Unlawful Activities (Prevention) Act (UAPA).

In December last year, Pannun threatened to attack the Parliament on or before December 13, following reports of an alleged foiled plot to kill him. December 13 marks the anniversary of the terrorist attack on the Parliament in 2001.

He also threatened to kill Punjab Chief Minister Bhagwant Mann and Director General of State Police Gaurav Yadav on Republic Day this year. He also urged gangsters to unite and launch an attack on Mann on January 26.

Pannun has been designated a terrorist by the Ministry of Home Affairs since July 2020 on charges of sedition and secessionism, as he leads SFJ, a group advocating for a separate sovereign Sikh state. A year prior to this, India banned SFJ as an "unlawful association" for engaging in "anti-national and subversive" activities.

In another development, on October 17, the United States charged a former officer of India's spy agency Research and Analysis Wing (RAW) for allegedly directing a foiled plot to murder Pannun, a charge New Delhi has rejected as baseless allegations.

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