New Delhi - India has the capacity to purchase an additional $15 billion of oil from the US, a senior Commerce Ministry official, signaling New Delhi’s intent to speed up trade talks and get a deal.Data over the last few years shows that energy purchases from the US have gone up, India’s Commerce Secretary Rajesh Agrawal told reporters in New Delhi.
“Right now we are at an average of $12-$13 billion as per FY25 figures and there is headroom for $14-$15 billion” more with the current refinery configuration, he said.
Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.
You cannot copy content of this page
