Iran on Wednesday said it will continue to be a reliable energy partner for India and adopt a flexible approach to ensuring secure oil supplies. At the same time, however, a statement issued by the Iranian embassy underscored the need for India to expedite its investments and to push partner companies to accelerate the execution of projects linked to the development of the strategic Chabahar port.
The statement came a a day after Iran’s charge d’affaires Massoud Rezvanian Rahaghi was quoted as telling a seminar in New Delhi that India had not fulfilled its promise of making investments in Chabahar and that New Delhi stands to lose “privileges” if it cuts imports of Iranian oil due to pressure from the United States.
The statement clarified that Rahaghi had been misquoted and said: “Iran understands the difficulties of India in dealing with the unstable energy market and it has done and will do its best to ensure security of oil supply to India through offering various flexibility measures which facilitates our bilateral trade in particular Indian export to Iran.” Read More
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