The two-month grace period covers all types of visas, including tourist and expired residency permits
OPEC-member Iran has nearly doubled its imports of diesel, used for heating and power generation, to compensate for lost output ahead of shutdowns at its two largest oil refineries in the fourth quarter, traders have said.
The additional volumes would raise MRPL's diesel exports to Iran to 450,000 tonnes, R. Rajamani told Reuters.
In May, the company finalised its first-ever long term deal to sell 240,000 tonnes of diesel to Iran by sending a 30,000-tonne cargo every month until December, helping fill a void left after Reliance Industries halted sales last year.
"It is an extension of our existing deal, which is till December. We will be supplying 210,000 tonnes of diesel to Iran. The total deal size is now 450,000 tonnes," he said.
The Indian refiner will supply additional diesel cargoes from this month onward, he added.
Despite its huge oil reserves, Iran is forced to import motor fuels due to a lack of production from its ageing refineries.
Iran will shut a 180,000 barrels per day (bpd) crude unit at its 450,000-bpd refinery in Abadan for 30-40 days from end- October.
It also plans to shut a 120,000-bpd vacuum distillation unit at its second largest refinery, the 270,000 bpd plant at Isfahan, for three weeks of maintenance from early-October. A number of secondary units will also be shut at Iran's refineries.
It was not clear if the additional volumes will also be sold at a premium of $4.35-$4.40 a tonne to Middle East quotes, levels agreed for the original supplies.
Dependence on expensive fuel imports is a sensitive issue for Tehran, which is facing the threat of more sanctions from the West over its nuclear programme.
A trade source said this was a clear indication that MRPL would not issue a spot diesel export tender. The firm last sold a spot diesel cargo in February.
MRPL annually imports around 150,000 bpd crude from Iran for use at its 194,000 bpd coastal refinery in the southern Indian state of Karnataka.
The two-month grace period covers all types of visas, including tourist and expired residency permits
Sheikh Mohamed extended his sympathies during a visit to the mourning majlis in Al Ain
According to an official, several people are still feared trapped in the debris
Amateurs Afzaal Ahmad, Parvez Ahmed, and Arbaaz Ahmad shine with an Impressive 89-point performance at the Emirates Golf Club
The Meteorological Organisation that it is closely monitoring what is being circulated on social media
There have been a series of school fires in the country in recent years, many of them which have turned out to be arson
Salama Alfalacy is into realistic art featuring landscapes and wildlife, while Meera Jamal Al Midfa is setting new grounds in performance art and filmmaking
Dubai Police have asked drivers to be extra cautious