Energy
0

Tehran, Moscow Start Petroleum Swap

Tehran, Moscow Start Petroleum Swap
Tehran, Moscow Start Petroleum Swap

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.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com