Indian Oil Corporation (IOC) Chairman, Sanjiv Singh, said that he is optimistic about getting another waiver from the United States (US) sanctions regarding the oil imports.
Singh also explained that the oil company may raise approximately $5-$6 billion from overseas markets.
When asked about the decision to halt the oil imports from Iran, Singh said that it is a tough call.
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.