The emirate has announced a plan to relocate the airport from Dubai International to Al Maktoum Airport in 10 years
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Reliance will buy 90,000 barrels per day (bpd) of Iranian crude on contract this year, down from 120,000 bpd in 2008, oil industry sources said.
It was unclear why India’s largest refiner would cut contract purchases from the fourth-largest oil exporter in a year when Reliance needs more crude to feed its giant new 580,000 barrels per day (bpd) Jamnagar refinery.
Reliance did not respond to Reuters enquiries on the reduction, while Iranian officials declined to comment.
The emirate has announced a plan to relocate the airport from Dubai International to Al Maktoum Airport in 10 years
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