The National Iranian Oil Company has started swapping Russian petroleum products from Turkmenistan, managing director of the state-run firm said.
"NIOC is receiving Russian oil byproduct consignments in Turkmenistan and transferring them to specific targets," Mohsen Khojastehmehr was also quoted as saying by ILNA.
Several contracts have been concluded between NIOC and Russian firms with the aim of swapping their products and more deals will be signed in the future, he added.
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