IOC eyes more US oil as India diversifies energy routes

India’s largest oil refiner IndianOil Corporation is looking at pumping up US crude import volumes next year, expanding India’s fledgeling energy bridge with Houston — the heart of American oil. "There are some bottlenecks in US oil export infrastructure, which prevents berthing and loading of VLCCs (very large crude carriers) at the terminals," company chairman Sanjiv Singh said.

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