India looks to resume Iran, Venezuela oil imports under Biden

December 12, 2020 Stu Turley Crude Oil News, ENB Pub Note, Imports, International News, OPEC, OPEC +, Political
ndia looks to resume Iran Venezuela

Energy News Beat Publishers Note: This is only one of the problems for OPEC and OPEC + in controlling world oil prices. Countries know that with the Biden administration, they will not have sanction enforcement, and are already implementing their own strategies. 

India wants to diversify its oil imports, including the resumption of supplies from Iran and Venezuela, after Joseph Biden becomes president of the United States, oil minister Dharmendra Pradhan said on Wednesday.

NEW DELHI: India wants to diversify its oil imports, including the resumption of supplies from Iran and Venezuela, after Joseph Biden becomes president of the United States, oil minister Dharmendra Pradhan said on Wednesday.

“As a buyer I would like to have more buying places. I should have more destinations to go for purchasing (oil),” Pradhan said in response to a question about his expectations for the resumption of oil imports from Iran and Venezuela under a Biden presidency.

About Stu Turley 3361 Articles
Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor.   He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino. Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.

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