criticized India for not fulfilling its promise of making investments in
expansion of the strategically located Chabahar port and said New Delhi will
stand to lose “special privileges” if it cuts import of Iranian oil.
Iran’s Deputy Ambassador and Charge d’Affaires
Massoud Rezvanian Rahaghi said Iran will end the privileges being provided to
India if tries to source oil from countries like Saudi Arabia, Russia, Iraq,
the US and others to offset cuts in Iranian oil.
It is unfortunate that Indian investment promises
for expansion of Chabahar port and its connectivity projects have not been
accomplished so far. It is expected that India takes immediate necessary
measures in this regard if its cooperation and engagement in Chabahar port is
of strategic nature,” he said.
was speaking at a seminar on ‘emerging challenges and opportunities in the
global diplomacy and its impact on bilateral ties with India’.
The Chabahar port is being considered a gateway
to opportunities for trade by India, Iran and Afghanistan with central Asian
countries in the wake of Pakistan denying transit access to New Delhi.
In May 2016, India, Iran and Afghanistan had
inked a pact which entailed establishment of Transit and Transport Corridor
among the three countries using Chabahar Port as one of the regional hubs for
sea transportation in Iran, besides multi-modal transport of goods and
passengers across the three nations.
Referring to US sanctions on Oil import from
Iran, Rahaghi said his country has been a reliable energy partner for India and
that Iran always follows a “rationale pricing” of oil which ensures the
interest of both consumers and suppliers.
If India were to replace Iran with countries like
Saudi Arabia, Russia, Iraq, the US and others for the 10 per cent of its oil
demand and then it may have to revert to
dollar-denominated imports and
deprivation of all other privileges Iran has offered to India,” Rahaghi said.
We should strive to make this relationship
between the two countries more sustainable and durable. This requires a strong
political determination,” he said, adding both sides should set up banking
relations, open new transaction routes and help each other’s markets and
business communities. Iran is India’s third-largest oil supplier after Iraq and
Saudi Arabia. Iran supplied 18.4 million tons of crude oil between April 2017
and January 2018.
The US has told India and other countries to cut
oil imports from Iran to “zero” by November 4 or face sanctions.