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Economy

Essar Oil owes 500 million euros in payments to Iran

Updated : April 12, 2018 04:46 PM IST

Essar is buying 2.5 million tonnes per year of crude oil from Mexico.
Essar is also buying 2 million barrels of Venezuelan crude a month.
Essar is receiving the same concessions as state-owned Indian refiners.
Essar Oil owes 500 million euros in payments to Iran
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