Epic Update : Mangalore Refinery

Mangalore Refinery and Petrochemicals is likely to start oil imports from Iran, having secured local reinsurance for claims of up to $84.14 million. It had halted imports from Iran in April as local insurers denied covering plants that processed Iranian crude. MRPL, which is Iran’s top Indian client will take all necessary steps for recommencement of import/processing of Iranian crude oil in its refinery. 

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