Iran Oil Swap Deals Await Renewal

Crude oil and petroleum products’ swap deals have expired and are not extended yet, managing director of the Iranian Oil Pipeline and Telecommunications Company Abbas-Ali Jafari-Nasab said.
Iran and Iraq in 2017 agreed to send up to 60,000 barrels of crude per day from the Kirkuk Oilfield in Iraq by truck to be refined in a Kermanshah refinery and Iran delivered the same volume at Iraq’s southern ports for export, ISNA reported.
Last year Iran received oil from the Caspian Sea littoral states in the north and delivered the same amount to the southern neighbors via Kharg Oil Terminal in Hormozgan Province.