IndianOil to increase crude import
New Delhi   08-Nov-2007
State-run IndianOil plans to increase annual term crude oil imports from Nigeria by 50 per cent to three million tones and is seeking petrochemical and refinery ventures in the African nation and its neighboring countries. Nigeria has agreed to supply at the rate of 60,000 barrels of oil per day during December to February and will renew it thereafter, a company official said.