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Will take steps to ensure energy security not comprised: MEA on oil import from Iran

The US has told India and other countries to cut oil imports from Iran to "zero" by November 4 or face sanctions, making it clear that there would be no waivers to anyone. 

Reported by: PTI, New Delhi [ Published on: June 28, 2018 18:11 IST ]
  Iran is India's third-largest oil supplier behind Iraq
Image Source : PTI

 

Iran is India's third-largest oil supplier behind Iraq and Saudi Arabia. Representative image

 India will take all necessary steps including engagements with relevant stakeholders to ensure its energy security, the Ministry of External Affairs today said reacting to US sanctions on import of oil from Iran. 

MEA spokesperson Raveesh Kumar said that the statement made by US State Department talks about reducing import of oil from Iran to "zero" by November 4 and there is no talk of snapping ties in that. 

"It should be noted that the statement was not India specific and applies to all countries across the world. As far as we (India) are concerned, we will take all necessary steps including engagements with relevant stakeholders to ensure our energy security," he said. 

He maintained that India will continue to engage with all stakeholders and ensure that our energy security is not compromised. 

The US has told India and other countries to cut oil imports from Iran to "zero" by November 4 or face sanctions, making it clear that there would be no waivers to anyone. 

Iran is India's third-largest oil supplier behind Iraq and Saudi Arabia. Iran supplied 18.4 million tonnes of crude oil during April 2017 and January 2018 (first 10 months of 2017-18 fiscal) 

Last month President Donald Trump withdrew the United States from the landmark Iran nuclear deal, re-imposing US sanctions that had been suspended in return for curbs on Tehran's nuclear programme.

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