03 February 2012
"India might conclude a swap arrangement by which the payment for Iranian crude maybe made in rupees and partially in gold. India is also under pressure from the west to curtail if not completely cut its imports of oil from Iran with the gulf Arab states making up the shortfall..."
OIL & GAS
- Petronet LNG to set up third terminal in India
- China's oil demand reaches records
- EU may use oil in strategic reserves after Iran embargo
POWER
- Indian Energy plans 1 GW of wind projects
- Coal India cuts coal price
- Greek wind power production capacity rises
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