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.
Compiled regulatory guidance from OilFlow Network, not legal advice. Rules change; confirm with the relevant national regulator before structuring a deal.
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.
Other products in India
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