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Govt won't share limited Iran oil with private refiners: Sources

India private refiners have greater agility in oil sourcing

Opec, crude oil
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Debjit Chakraborty & Dhwani Pandya | Bloomberg
India will not share the limited supply of Iranian crude allowed under a U.S. waiver from sanctions with private refiners, according to people with knowledge of the matter. That is a departure from the earlier practice of splitting exempted volumes.

The government has asked its four state refiners led by Indian Oil Corp. to share the entire 9 millions barrels of Iranian oil available every month under a 180-day waiver from U.S. sanctions, the people said, asking not to be identified. Private refiner Essar Oil, now rechristened Nayara Energy after it was acquired by Rosneft PJSC and partners, was allowed to