Iran offers oilfield, pipeline to India for raising oil import

Rattled by Indias sharp cut in purchase of its oil, Iran on Monday offered oilfields on lucrative terms, routing gas pipeline through sea to avoid Pakistan, and insurance to refiners provided New Delhi raised oil imports. Iran mounted a high-level delegation led by its Oil Minister Rostam Ghasemi to impress upon New Delhi to raise oil purchases, which were cut to 13.3 million tons in 2012-13