IRAN/CASPIAN

 
India’s Caspian Move Counters Lost Iranian Crude Imports
 
India’s compliance with the US/EU oil boycott against Iranian exports, which is expected to reduce its imports of Iranian crude by at least 20% in the financial year 2012-13, is forcing the country’s principal oil and gas company to accelerate the pace of its foreign acquisitions.
 
Oil and Natural Gas Company’s (ONGC) overseas arm, ONGC Videsh Ltd (OVL), announced on 9...