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India pulls out of Iranian oil market: report

TEHRAN : India is pulling out of the Iranian oil market, the semi-official Iran's news agency Mehr in a report claimed h
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"Leaving the giant gas pipe line project with Iran and Pakistan, annulment of LNG purchase contract and existing cooperation at development of phase 12, the largest of south-Pars gas field and withdrawal from development project of Farzad-B gas field are all clear indications of Indian intention, namely, pulling out of Iranian oil business," the report added.

Copyright PPI (Pakistan Press International), 2011