3 Iraqi discovered oil blocks offered to India

(MENAFN) Iraqi has offered three discovered oil blocks in the Middle Furat oilfields to India on a nomination basis, Reuters reported. Citing the Indian oil ministry, Baghdad also said that it has agreed to consider investing in the 300,000 barrels per day of Paradip refinery, a unit of Indian Oil Corp. India's second largest crude supplier has also offered to consider extending 60 days credit for crude sales to India, the ministry statement said.