Monday, August 8, 2011

India’s Mengalore Pays $1.43 Billion of Its Debts

The National Iranian Oil Company (NIOC) announced on Monday that one of the Indian refiners, Mengalore, has paid $1.43 billion of its debts to Iran through a Turkish bank, with $1.2 billion remaining. NIOC consequently lifted the ban on crude shipment to that refinery. Other Indian refiners still carry large debts to Iran. The total amount of India’s debts to Iran prior to the recent payment by Mengalore totaled $5-7 billion, depending on different numbers provided by NIOC, the Central Bank of Iran and the Iranian press.

7 comments:

Anonymous said...

That is good news so India owes Iran another $6 billion China owes $25 billion South Korea owes $6 billion etc etc..then of course the truck that lost its way into Turkey $18 billion not bad at all.

Anonymous said...

Anon 1:28 above...maybe there are other trucks which have been lost as well.This could amount into the hundreds of billions they are such thief !!!!!!!

Anonymous said...

There could be fleets of them all with our stolen money in Syria Lebanon and Iraq and god knows where else tell that to their dump followers..LOOOOL!

Anonymous said...

I could swear I saw one of them trucks pass me the other day it looked lost!

Anonymous said...

LOOOL !!!!

Anonymous said...

I need 2 find 1 of vose trucks nooow!!

Anonymous said...

There are 4 other trucks lost with 45 billions en route to Syria or Afghanistan and some hundred bicycles lost 3 billions each!!! Such a horrible mullahs