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Iran Hopes India Will Seek Fresh Waiver from US Sanctions

In November, the Unites States granted a six-month waiver from sanctions to India and allowed New Delhi to continue to import a limited quantity of Iranian oil.

Reuters

Updated:January 8, 2019, 2:55 PM IST
Iran Hopes India Will Seek Fresh Waiver from US Sanctions
A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in the Persian Gulf, Iran. (Reuters/Representative image)
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New Delhi: Iran hopes India will strive to get another waiver from US sanctions as New Delhi plans to continue buying oil from Tehran, Iran's deputy foreign minister for economic diplomacy Gholamreza Ansari said on Tuesday.

In November, the Unites States granted a six-month waiver from sanctions to India and allowed New Delhi to continue to import a limited quantity of Iranian oil.

In the previous round of sanctions India did not halt oil imports from Iran, said Ansari, who is in India as part of a business delegation participating in a visit by Iran's foreign minister Javad Zarif.

The official said there is also a chance for Indian companies to get development rights for Iran's Farzad B gas field. Tehran could ease some terms associated with the project, he added.
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