India · Regulatory
Crude oil in India
JurisdictionIndia
ProductCrude oil
Private tradeRESTRICTED
Restricted — government / monopoly route
Crude imports dominated by PSU refiners (IOC, BPCL, HPCL). Private refiners (Reliance, Nayara) also import. DGFT IEC (Importer Exporter Code) mandatory.
Frequently asked
- Can private companies import Crude oil into India?
- No. Crude imports dominated by PSU refiners (IOC, BPCL, HPCL). Private refiners (Reliance, Nayara) also import. DGFT IEC (Importer Exporter Code) mandatory.
- What license is typically required?
- Crude imports dominated by PSU refiners (IOC, BPCL, HPCL). Private refiners (Reliance, Nayara) also import. DGFT IEC (Importer Exporter Code) mandatory.
- Does OilFlow screen Crude oil counterparties against India rules?
- Yes. The free /check screen and the Regulatory Matrix API both read this same rule row; a private Crude oil deal into India is flagged automatically when this page says blocked or restricted.
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