Little chance of Iraq strife disrupting oil supply

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New Delhi, June 30 (IANS) India's petroleum ministry foresees very little possibility of a disruption in the country's oil imports due to the ongoing violence in Iraq. "Crude oil supplies to India come from Iraq's Basra oilfields, which are far from the conflict zone in the **rth-east of the country. Loading of tankers from the Basra oil terminal is continuing **rmally," the official added. Iraq is India's second largest crude oil supplier behind Saudi Arabia, supplying about 25 million tonnes (MT) in 2013-14, to meet over 13 percent of India's needs.

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