Iraq offers 3 discovered oil blocks to India

New Delhi, July 11: The oil-rich Iraq has offered three discovered oil blocks to India. The country will also invest in the 300,000 barrels per day of Oil India's Paradip refinery, an oil ministry statement said.



At the same time, Baghdad has also offered to consider extending 60 days credit for crude sales to India. Iraq is the second-biggest crude oil supplier to India after supplies from Iran were hit due to pressure from western sanctions.

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