Reliance Industries (RIL) has won a contract to supply up to 50,000 barrels of petrol per day to Iran until the end of this year but may have temporarily halted exports to the Persian Gulf nation.
Last month, RIL won a state-owned National Iranian Oil Co (NIOC) tender to supply 95-octane gasoline or petrol to Iran and possibly shipped a couple of cargoes under the contract, an industry source said.
Iran is the world's fourth-largest oil exporter but lacks the refining capacity to meet domestic demand. Iranian gasoline imports will average 120,000-140,000 barrels a day in May and June.
Sources said the company may have temporarily suspended export to Iran but this could not be independently verified.
An RIL spokesperson declined to comment, saying it was not company policy to comment on commercial/specific transactions.
Some US Senators had proposed giving President Barack Obama the authority to impose sanctions against companies supplying gasoline to Iran.