Can private companies import crude oil into India?

Crude imports dominated by PSU refiners (IOC, BPCL, HPCL). Private refiners (Reliance, Nayara) also import. DGFT IEC (Importer Exporter Code) mandatory.

Are refined products (diesel, fuel oil, gasoline) tradeable by private importers in India?

DGFT IEC required. BIS standards apply for fuel quality.

Does OilFlow screen counterparties against India regulations?

Yes. The same rule table shown on this page ships in the Regulatory Matrix API; counterparty checks destined for India are gated against these rules automatically.

All countries

Regulatory

India — oil import rules

These are the same rules the Regulatory Matrix API serves for India-bound trade: which products private parties can move, which run through a government or monopoly route, and which are closed outright.

Open to private trade2

Restricted2

Blocked0

Product-by-product

Crude oilRESTRICTED: Restricted — government/monopoly routeCrude imports dominated by PSU refiners (IOC, BPCL, HPCL). Private refiners (Reliance, Nayara) also import. DGFT IEC (Importer Exporter Code) mandatory.
Refined products (diesel, fuel oil, gasoline, jet)ALLOWED: Allowed for private tradeDGFT IEC required. BIS standards apply for fuel quality.
LPGALLOWED: Allowed for private tradeBulk LPG imports growing. IOC/BPCL dominate.
LNGRESTRICTED: Restricted — government/monopoly routeGAIL, Petronet LNG dominate. Private terminals emerging.

Frequently asked

Can private companies import crude oil into India?: Crude imports dominated by PSU refiners (IOC, BPCL, HPCL). Private refiners (Reliance, Nayara) also import. DGFT IEC (Importer Exporter Code) mandatory.
Are refined products (diesel, fuel oil, gasoline) tradeable by private importers in India?: DGFT IEC required. BIS standards apply for fuel quality.
Does OilFlow screen counterparties against India regulations?: Yes. The same rule table shown on this page ships in the Regulatory Matrix API; counterparty checks destined for India are gated against these rules automatically.

Use this jurisdiction

These rules ship in the Regulatory Matrix API, from $99/mo. Bank compliance teams hit /api/v1/regulatory/check to gate counterparty intake automatically; subscribers get webhooks on every rule change. Screening a specific counterparty into India? Run a free check first.