India has the headroom to purchase additional energy worth $12 billion to $ 15 billion dollars from the US if it is available at the right price and has indicated it in the ongoing trade talks, a senior official said Wednesday.

In the past 7-8 years energy purchases from the US -largely crude oil – has come from from $ 25 billion to around $15 billion.

India aims for higher crude imports

“Right now, we are at around $ 12 billion to $13 billion dollars per annum. There is a headroom of around $ 12-15 billion dollars which we can purchase without worrying about the configuration of refineries,” commerce secretary Rajesh Agrawal told reporters.

As varieties of crude vary, refineries are built to process a particular grade of crude. As Indian refineries have in the past handled America

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